THE Centre could make changes to the new Nutrient-based Subsidy (NBS) for fertilisers, as part of a concerted move to prune its subsidy bill after global prices of fertiliser nosedived recently. Under the NBS, subsidies for nutrients are currently fixed for a whole year but could now be reviewed every six months to take into account changes, especially price drops, in import prices. The Union Cabinet, while approving the NBS...
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PM announces Rs 25,000 cr for new agri projects
Prime Minister Manmohan Singh on 29 May announced a Rs25,000 crore ($6 billion) plan for new farm sector projects by states, besides launching a food security mission to enhance output of wheat, rice and pulses. Speaking at the 53rd meeting of the National Development Council, he also warned that small and marginal farming had become an unviable proposition and until farming was made viable at this scale, it would be virtually...
More »Why the UID number project must be scrapped by Gopal Krishna
Activist Gopal Krishna makes a case that the Unique Identification Number project is a gross violation of fundamental human rights and points out that a similar project/law in Britain is going to be repealed. This is with reference to a privacy invasion project which is relevant to India and all the democratic countries of the world. The very first bill that is to be presented by the UK's new coalition...
More »UPA-II touts economic growth, 'new deal' with rural India
Prime Minister Manmohan Singh on Tuesday singled out resilience of the Indian economy in times of global meltdown as a signature achievement of UPA II's first year in office, and pushed for "new frontiers" in implementing the social inclusion agenda, including food security act and education for all. In a spirit of introspection, Manmohan Singh, however, admitted that soaring prices of basic commodities remained a source of concern and stressed that...
More »Food Security Bill not likely soon by Sindhu Bhattacharya
The Food Security Bill is unlikely to see the light of the day this fiscal. According to agriculture minister Sharad Pawar, though the UPA government is committed to providing food security to all, the below poverty line (BPL) math and elaborate procedure required to draft this law will take another 8-10 months. Speaking in the capital on Thursday, Pawar said: “The procedure involves incorporation of statistics from Planning Commission about BPL...
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