Why is the ruling party unable to pass 3 very important bills? The National Advisory Council draws its exalted status from the fact that UPA Chairperson Sonia Gandhi heads it. But its inability to get its way on three new Bills indicates that its influence is waning. A couple of weeks ago, the Sonia Gandhi-led National Advisory Council (NAC) cleared the drafts of two significant Bills — the Food Security Bill and...
More »SEARCH RESULT
Total Matching Records found : 1809
PM okays food bill draft, to cover 75% population by Zia Haq
Prime Minister Manmohan Singh on Thursday approved the final draft food security bill. The bill, when passed, will provide cheaper foodgrain to 75% of the population, or 900 million Indians. This is much higher than what a PM-appointed panel recommended, but is lower than the 90% coverage sought by the Sonia Gandhi-led National Advisory Council (NAC). To cover 90% of the population under a food law, the Centre will have to...
More »The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy
Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...
More »Prices set for higher jumps by Gaurav Choudhury
The rise in food prices, with inflation at 9.06% in May, is more teary a problem than onions suggest. Macroeconomics managers, who safely steered the economy through the downturn, are perhaps grappling with the biggest economic crisis- persistently high food prices. Rising food inflation driven by costlier fruits and protein-based items such as milk, egg, meat and fish is putting policy makers in a spot of bother. Prices are not under...
More »Supreme Court slams U.P. over land acquisition
-PTI To step in to prevent “more Nandigrams” The Supreme Court on Monday criticised the Uttar Pradesh government for acquiring prime agricultural land to build luxury flats in Greater Noida and questioned the invoking of an urgency clause that bars farmers from raising objections. It noted it would step in to prevent “more Nandigrams.” “Whose residential use are these flats for? Who is building them? What are the prices? We want to...
More »
