-The Times of India NEW DELHI: The National Food Security Bill, which seeks to provide heavily-subsidized food to two-thirds of India's 1.23 billion people, was passed by the Rajya Sabha on Monday. Much like what happened in the Lok Sabha last week, there was a scramble among political parties to garner populist brownie points even as they differed fiercely on certain provisions of the bill and their implementation. With the Congress all...
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Correct costs of the Food Security Bill-Bharat Ramaswami, Milind Murugkar and Ashok Kotwal
-The Financial Express Food Security Bill will raise the subsidy burden by 18%. The debate should be about the rise in costs of households due to leakages in PDS and price hike of other nutritious food items, and how these costs can be minimised by DBT In a recent article, Surjit Bhalla ("Manmonia's FSB: 3% of GDP", July 6, Financial Express-http://goo.gl/qoIbd3) has asserted that the Food Security Bill will cost 3% of...
More »Amid slugfest with BJP, PM hints at hiking fuel prices, curbing gold imports
-The Times of India NEW DELHI: The Prime Minister on Friday called for a political consensus on "more difficult reforms", indicating that the government was considering a cut in fuel subsidy, which would mean higher petrol and diesel prices, and bringing in measures to curb gold imports. Making a statement in the Lok Sabha on the current economic situation, Manmohan Singh admitted that the current account deficit had gone up sharply and...
More »By 2017, India's slum population will rise to 104 million -Dipak Kumar Dash
-The Times of India NEW DELHI: India's slum population will surge to 104 million by 2017 - or around 9% of the total projected national population of 1.28 billion that year. This means urban planners will face escalating challenges as these slums will mostly proliferate in sleepy towns and in semi-rural areas, a consequence of an accelerating rural to urban shift across the nation. According to data provided in Parliament, Maharashtra, Uttar Pradesh,...
More »Vidarbha, West MP get highest rain-Sanjeeb Mukherjee
-The Business Standard As the southwest monsoon enters the last leg of its four-month journey, 2013 will be remembered as one of the best years in overall quantum and distribution of rainfall across India. More than expected rain so far have pushed up kharif sowing in a big way, which will not only add its bit to gross domestic product (GDP) growth but blunt inflationary pressures. If the intensity is maintained, India...
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