-The Times of India At a time when the government is facing trouble maintaining its fiscal health and is set to add over Rs 1.25 lakh crore to its subsidy bill for providing food security to its poor, the UPA has burdened the exchequer further by exporting wheat at lower than its cost price - incurring an estimated loss of over Rs 1,700 crore. Sources in the finance ministry said the loss...
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Finance red flag over 38% jump in food subsidy-Ravish Tiwari & Manoj CG
-The Indian Express The annual subsidy bill for the UPA’s proposed food guarantee law has been estimated at Rs 1,24,747.1 crore, 38.6 per cent over the budgeted food subsidy of Rs 90,000 crore for next year. An alarmed finance ministry is learnt to have red-flagged some major changes proposed in the original National Food Security Bill, sources said. It has objected to the proposal to do away with the original categorisation of beneficiaries...
More »Supreme Court seeks Centre’s response on Chhattisgarh PDS model
-The Times of India Finance minister P Chidambaram may have brushed aside the Gujarat model of development but the Centre will now have to comment on the efficacy of the model set up by BJP-ruled Chhattisgarh in implementing targeted public distribution system providing subsidized food grains to the poor. The Supreme Court on Monday sought the Centre's comment on the Raman Singh government's model of TPDS implementation, which was repeatedly cited by...
More »Food bill needs to be strengthened: Amartya Sen
-Pratirodh.com Speaking to an enthralled audience of 1,500 students and faculty at IIT (Delhi) , Nobel laureate Amartya Sen said that the idea of the National Food Security Bill was “a matter of appreciation and support”, and that the tabling of the Bill in Parliament was in itself a big achievement. However, he also drew attention to various shortcomings of the Bill and argued for it to be strengthened, particularly in...
More »Food minister, states meet over food security Bill-Ragini Verma and Liz Mathew
-Live Mint Food minister K.V. Thomas is holding day-long discussions with state food ministers and officials in the national Capital in a bid to overcome their objections and push forward the government’s ambitious food security legislation. The government will present the revised food security Bill in the Budget session of Parliament beginning 21 February, he said in his opening remarks. “We intend to present the revised Bill in Parliament in the forthcoming Budget...
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