Corporate donations to political parties, a long-standing lightning rod for criticism for the implicit conflicts of interest in a controlled economy, will come under greater scrutiny when a new Companies Bill, expected to be passed in the winter session of Parliament, gains the force of law. Provisions enforcing greater transparency and disclosure norms on such donations will be part of the upcoming bill, which is currently being studied by a...
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‘N-E funds unused’
Against the backdrop of allegations about under-utilisation of funds in the Northeast, Prime Minister Manmohan Singh today bemoaned this trend, while claiming that the current Union government has made allocations to the region like never before. “All I can say is that our government has increased very substantially the allocations for the development of infrastructure in the northeastern region. I think the amount of money that we have allocated has...
More »Price-busters on way
The government is planning to augment the supplies of essential items through imports to rein in food inflation which has flared up to a decade high of 19.95 per cent in the first week of this month. “Food prices are going up and this is an area of concern ... We have to take appropriate measures to see what best can be done by increasing the supply through imports,” finance minister...
More »Food inflation soars to 20%
Food prices have hit a 10-year-high as supply shortages due to poor monsoon and floods in some parts finally bit hard, forcing a worried government to announce a step-up in imports and strengthening expectations of RBI tightening policy to stop a breakout of inflation in the wider economy. Prices of potato, other vegetables and pulses drove inflation to 19.95% in the year to December 5, surging from 19% in the...
More »Right to Food
The distribution of iron fortified rice is part of the Government of India's push to combat anaemia and it will become a near mandatory programme for the poor, for whom this rice will be inescapable i.e., PDS, ICDS, school meals, etc. The fact-finding visit was organised by Alliance for Sustainable & Holistic Agriculture (ASHA-Kisan Swaraj) and the Right To Food Campaign (RTFC) between June 13th to 15th 2022, and included a...
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