-The Business Standard Major subsidies extended by the government are likely to jump to Rs 1,34,411 crore during 2011-12 The Survey has warned of deteriorating fiscal health due to a mounting subsidy burden. The huge outgo over the past year has been largely on account of the global rally in crude oil prices, the fertiliser subsidy and state-controlled foodgrain prices, it said. It also blamed ‘coalition politics and federal considerations’ for holding...
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Many families go nuclear in State by K Venkateshwarlu
-The Hindu 5.6 per cent of the households now comprise single couple There is a quantum jump in the number of families going nuclear in Andhra Pradesh in just about a decade (2001-2011) with 75.6 per cent of the households now comprising single couple, indicating a major societal shift from the traditional joint family system, Census 2011has revealed. The rate at which families are turning nuclear in the State could be gauged from...
More »Economic Survey 2012: Minimum farm growth needed for inclusive growth and development of rural areas-Nidhi Nath Srinivas
The Economic Survey has warned that more than half the population is dependent on a sector whose share in the economy is shrinking, leading to a bigger urban-rural divide and threatening national food security. "Achieving minimum agricultural growth is a prerequisite for inclusive growth, reduction of poverty levels, development of the rural economy and enhancing of farm incomes," the Survey has said. But it offers no path-breaking solutions on how to meet...
More »Govt pegs FY13 subsidy bill 14% lower than current fiscal
-PTI The government has pegged its outgo on food, Fuel and fertiliser subsidies in the 2012-13 fiscal at over Rs1.79 lakh crore, nearly 14% lower than the revised estimates for the current fiscal. According to the Budget proposals, the government's subsidy bill on food, petroleum and fertilisers is estimated at Rs1,79,554 crore for the 2012-13 fiscal as against Rs2,08,503 crore in the revised estimates for this fiscal. Interestingly, the revised estimate for this...
More »Rail Budget 2012: After a decade, all tickets to cost more
-The Times of India Railway minister Dinesh Trivedi on Wednesday did what none of his predecessors had done for almost a decade - he hiked passenger fares across the board, following up on the increase in freight charges announced immediately after the recent round of assembly elections. While biting the bullet in hiking fares, he chose to couch the increase as ranging from a mere two paise per km for second class...
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