Rural development minister Jairam Ramesh is seeking doubling of funds for water supply and sanitation programmes to Rs 20,000 crore in the upcoming budget, arguing that it is high time the Centre focused on this neglected sector. Ramesh, who holds the additional charge of the ministry of drinking water and sanitation, has indicated that he is unwilling to settle for anything short of Rs 16,000 crore. The finance ministry has, so...
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Rural India loses steam: Demand for tractors, agriculture machinery, durables decline as income falls, prices rise
-The Economic Times In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda. Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...
More »Kerala opposes food security Bill by Sandip Das
Kerala on Wednesday raised serious apprehensions on the effectiveness of the proposed national food security law as it could remove large number of poor families from the beneficiary list besides putting enormous financial burden on the state. Shibu Baby John, food and civil supplies minister, Kerala said the centre must apply separate socio-economic critieria for choosing beneficiaries under the Targeted Public Distribution System (TPDS) as because of better human index of...
More »Pranab says losing sleep over rising subsidy bill
-PTI Faced with subdued revenue mop-up and rising fiscal deficit, Finance Minister Pranab Mukherjee today said he is "losing sleep" over mounting subsidy bill, which may cross Budget estimate by Rs 1 lakh crore in 2011-12. "As Finance Minister when I think of enormity of the subsidies to be provided, I lose my sleep. There is no doubt," said Mukherjee, who is engaged in the process of firming the Budget for 2012-13...
More »Pranab backs Nilekani on PDS reforms by Nitin Sethi
Finance minister Pranab Mukherjee took on the food ministry and publicly backed UIDAI chairman Nandan Nilekani's proposal to set up a new independent agency manned by professionals to computerise the public distribution system (PDS) as part of the reforms agenda and use the Aadhaar number as a base for the changes. Mukherjee was speaking at the meeting of state agriculture and food ministers in Delhi on Wednesday. TOI had earlier reported how...
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