-The Business Standard Budget underestimates food, fertiliser subsidies If the projections in the 2013-14 Budget are to be believed, subsidies on food and fertiliser which, along with petroleum Subsidy, account for nearly 95 per cent of total subsidies are unlikely to rise much in the next financial year. This prognosis, reflected in an increase of just Rs 5,000 crore in food Subsidy allocation and no change in the fertiliser Subsidy, is odd;...

-The Economic Times The government plans to revive cultivation of crops that make Punjab's iconic "makki ki roti and sarson ka saag" -- maize and mustard -- along with horticulture and fodder to breathe life into the stressed soil and the rapidly depleting water table in the green-revolution state. Prime Minister Manmohan Singh is pushing hard for crop diversification in Punjab and has appointed an inter-ministerial panel on crop diversification led by Agriculture...

-The Hindu “The purpose of a Budget – and the job of a Finance Minister,” P. Chidambaram declared in his speech, “is to create the economic space and find the resources to achieve the socio economic objectives.” Now that the presentation of and the spate of initial responses to the budget are behind us, it may be appropriate to ask how far the Minister went in accomplishing his self-defined task. Mr. Chidambaram...

-The Business Standard FM allocates Rs 10,000 cr to implement the programme; this is apart from the usual food Subsidy requirement of Rs 80,000 cr for the year The most ambitious social security programme of the government, the National Food Security Bill, got a leg-up in the 2013-14 Budget, with Finance Minister P Chidambaram allocating Rs 10,000 crore for implementing it. This allocation is over and above the usual food Subsidy requirement of...

-The Asian Age Sonia Gandhi’s economic and political ideology may have apparently triumphed over that of Manmohan Singh. The neo-liberal finance minister Palaniappan Chidambaram may be conveying an impression that he’s turned socialist with a vengeance by increasing taxes on the rich in the run-up to the 16th general elections. But the truth is that Mr Chidambaram has made certain assumptions about subsidies, inflation and the expected growth of gross domestic product...