The Union Cabinet on Tuesday deferred a decision on the draft National Food Security Bill that seeks to give legal entitlement to subsidised foodgrains to 46 per cent ‘priority' families of the 75 per cent rural population and 28 per cent ‘priority' households of the 50 per cent Urban Population. “The discussion on the Food Bill remained inconclusive. We are trying our best to introduce the Bill in this session,” Minister...

-IANS The government is considering creating a corpus fund of Rs.1,000 crore ($18.7 million) in the current fiscal that would encourage banks to give housing loans in 'significant volumes' to the urban poor, Prime Minister Manmohan Singh said Tuesday. Addressing a conference on the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) here, Manmohan Singh said the corpus of Rs.1,000 would be set aside to create a credit risk guarantee fund that could...

-The Financial Express   The Cabinet is likely to consider the National Food Security Bill which envisages subsidised foodgrain as legal entitlement for two third of the country's population on Tuesday. Once the Cabinet approves the bill, the food ministry will table in parliament during the current season. As per the food bill, 75% of the rural households will get subsidised grain and at least’ 46% households would be considered as ‘priority’ category, and...

How deluded we are when we think that when an important piece of legislation is introduced, policymakers carefully scrutinise it for some room for improvement. Indian democracy is good at passing progressive-sounding legislation that becomes unpopular later for poor implementation and a consequent feeling of letdown and therefore resentment. Often the problems of poor implementation that surface later stem from small mistakes in design that could have been corrected at...

-Live Mint The news that a parliamentary committee has rejected its proposed Bill must come as a jolt to the Unique Identification Authority of India (UIDAI). Reports say that the committee was concerned about duplication with the National Population Register (NPR), the technology, data protection, and the cost. This comes closely on the heels of the home ministry’s contention that UIDAI does not meet the “degree of assurance” required for NPR,...