The Right to Food Campaign on Monday announced its decision to launch a country-wide protest against the National Advisory Council's framework for the proposed National Food Security Bill, which, they said, fell short of people's expectation of a comprehensive food security bill that addressed nutrition and livelihood issues. “Even the budget proposals show no commitment to food security of people,” Campaign Convener Kavita Srivastava told journalists here. Failed to seize opportunity “By proposing...
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Corporate socialism's 2G orgy by P Sainath
The Union Budget writes off Rs.240 crore in corporate income tax every single day on average — the same amount leaves India each day in illicit fund flows to foreign banks. In six years from 2005-06, the Government of India wrote off corporate income tax worth Rs.3,74,937 crore — more than twice the 2G fraud — in successive Union Budgets. The figure has grown every single year for which data are...
More »South India chosen for most of oil palm boost by Sanjeeb Mukherjee
Centre to also give 50% subsidy for new mills, technical help to cultivators. The Union agriculture ministry has identified eight states where the Budget annoucement on expanding the area under oil palm cultivation can be implemented. It has decided to provide 50 per cent subsidy for setting up palm oil extraction units. India imports about 8.2 million tonnes of edible oil in a year and 80 per cent of this is palm...
More »Bihar NREGA ‘outsourcing’ gives UP renewed hope
A recent advertisement by the Bihar government to hand over the implementation of MGNREGA to non-government organisations has attracted the state’s attention. About four months ago, the state was asked by the Centre to withdraw a similar move. The state officials are now studying the tender document made public by the Bihar government for MNREGA and Indira Awas Yojana to counter the objections of the Union Ministry of Rural Development. The ministry...
More »Unrealistic Solutions To Growing Problems by M Rajendran
With food inflation hovering in the double digit bracket for most part of 2010-11 and the aam aadmi up in arms, all hopes were pinned on the Union Budget 2011-12 for giving a new fillip to the farm sector. But the budget has disappointed most, in spite of finance minister Pranab Mukherjee allocating Rs 14,744 crore for agriculture. “An increase of only 2.6 per cent over last year makes the...
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