The Empowered Group of Ministers (EGoM) on Thursday deferred a decision on the Food Security Bill — which seeks to entitle families below the poverty line to rice and wheat at Rs.3 per kg — due to the indisposition of Food and Agriculture Minister Sharad Pawar. Finance Minister Pranab Mukherjee said a decision on the Bill could not be taken due to Mr. Pawar's absence and the issue would be taken...
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RTE bill now goes up by Rs 60,000 cr by Anubhuti Vishnoi
The Right to Education, in effect since April 1, is set to cost the Centre a staggering 2,31,000 crore over the next five years according to fresh estimates. Previous estimates drawn up by National University of Education Planning & Administration (NUEPA) — the basis of financial planning for the RTE’s provisions so far — had pegged the requirement at Rs 1,71,000 crore. In a note submitted to the Expenditure Finance...
More »Will India be the world's fastest growing economy?
The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
More »Is Sonia's NAC-2 a Super Cabinet? by Sheela Bhatt
"It is wrong to say that we will become a super cabinet. We are here to get the Indian bureaucracy to see reason to carry forward social projects related to areas like health, food, agriculture speedily and make sure that people like (Planning Commission deputy chairman) Montek Singh Ahluwalia gets the correct picture and figures on social issues," a member of the National Advisory Council told rediff.com. The member argued...
More »NAC Chief Sonia scores on Food Bill by AM Jigeesh
THE NATIONAL Advisory Council ( NAC) headed by UPA chairperson Sonia Gandhi has scored its first victory — a change in the proposed Food Security Bill that raises the monthly allocation of foodgrains to the poor from 25 kg to 35 kg at Rs 3 a kilo. The draft Bill, approved by the empowered group of ministers ( EGoM) recently, had offered 25 kg of foodgrains to those below the poverty...
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