-The Economic Times The country's chief auditor has uncovered a Rs 1,336-crore negative balance in the books of the Empoyees' Provident Fund Organisation (EPFO), the custodian of Rs 8.15 crore formal sector workers' lifetime savings. A report, prepared by the Comptroller and Auditor General (CAG) and reviewed by ET, says this discrepancy in the EPFO's books for 2011-12 could grow further. For Beneficiaries, this could mean lower returns on provident fund savings...
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March 31 deadline for Aadhaar number issuance in Delhi
-PTI Chief Minister Sheila Dikshit on Friday set a deadline of March 31 for completing issuance of Aadhaar number to people in the city so that all major welfare schemes could be linked to it soon. Dikshit issued the direction at a high-level meeting which reviewed the implementation of direct cash transfer schemes of the central government that was rolled out in two districts of the city last month. As per official...
More »KV Thomas, Food Minister interviewed by Ragini Verma and Liz Mathew
-Live Mint In an interview, India’s food minister says the Bill is about making the Right to Food a legal entitlement Prospects for the National Food Security (NFS) Bill—United Progressive Alliance (UPA) chairperson Sonia Gandhi’s dream legislation—haven’t looked better. Food minister K.V. Thomas, in charge of fine-tuning the contours of the Bill, is confident of steering it through Parliament during the budget session. In an interview, Thomas said the Bill isn’t merely...
More »Union Budget no gender bender -Subodh Varma
-The Times of India To remove various disadvantages that women face in India, the Union government introduced Gender Responsive Budgeting (or Gender Budgeting) in 2005-06. It meant that high-flying promises on empowering women were to be backed by financial outlays and that a gender perspective was to imbue all policy making. It was always a tough call - from the home, to the workplace and generally in society women are treated like...
More »'Food bill to cost 2.38L cr/yr'-Subodh Varma
-The Times of India How much would it cost the central government to provide grain to the whole country at affordable prices? A calculation by the Delhi-based advocacy group Centre for Budget & Governance Accountability (CBGA) puts the figure at Rs 2,38,471 crore for one year. In the current financial year (2012-13), the Centre spent Rs 75,366 crore on the food subsidy, that is, about 0.74% of the gross domestic product....
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