-The Times of India The government may raise the annual cap of six cylinders on subsidized cooking gas after the petroleum minister faced persistent demands from Congress leaders at the party conclave in Surajkund on Friday. The limit on subsidized LPG cylinders could go up to nine cylinders, and to 12 closer to elections. While Congress had in September expressed discomfiture with the decision to put a limit on subsidized cylinders, it...
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A futures shock from FCI-Devinder Sharma
-The Business Standard Turning the country's food procurement agency into an international trader will fan inflation and hunger At a time when the Global Hunger Index 2012 ranks India 65th among 79 countries, K V Thomas, minister of state for food and public distribution and consumer affairs, has revealed that the Food Corporation of India (FCI) will soon trade wheat in the futures market. Seeking clearance from the Forward Markets Commission, the...
More »Every breath you take
-The Hindustan Times There is a nip in the air even though winter is yet to arrive in full force in Delhi. The Capital, however, is choking with winter smog due to a heavier pollution load. The levels of respirable particulate matter (PM10) have surged 47% and nitrogen dioxide levels have increased 57%. The current levels of fine particulates are four to six times higher than the acceptable limit. Along with...
More »Agricultural wages and NREGA: Exploring the myth-Kanika Mahajan
-Live Mint Charges that NREGA has pushed up agricultural wages fails to account for changing productivity In the debate over the costs and benefits of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), one of the most controversial and unsettled issues is its effect on agricultural labour market. Last year, Union agriculture minister Sharad Pawar even went to the extent of recommending a 50% Subsidy to farmers in wage costs due...
More »Bank account must for subsidised LPG cylinders -Anupama Airy & Aloke Tikku
-The Hindustan Times It will be mandatory for LPG connection-holders to have a bank account, and later an Aadhaar number, to claim the annual Subsidy of about Rs. 3,000 for six cylinders. A senior government official told HT that the approval of the Cabinet will be sought shortly to introduce the rule, which will apply to all families. Once it comes into force, you will have to pay the full cost of the subsidised...
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