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Fuel for food-Keya Acharya

-The Hindu Switching to renewable energy sources in the country's midday meal programme will save millions of rupees. But only a few kitchens are doing anything about it, says the author. This is a story of facts and figures and sheer size. Of an auditorium-sized room dense with hot steam from cooking. Of seven tonnes of cooked rice and four tanker-loads of steaming sambar that needed 70 pairs of hands for cutting...

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LPG Subsidy To Be in Bank A/cs From June 1 in 18 Districts

-Outlook Starting June 1 cooking gas (LPG) consumers in 18 districts will get Rs 435 in their bank accounts when they book an LPG cylinder as the government rolls out its ambitious direct benefit transfer programme to cut its fuel subsidy. The scheme was to be rolled out in 20 districts initially but the launch in Mysore in Karnataka and Mandi in Himachal Pradesh has been put off by a month due...

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Finance Ministry agrees to Rs 1 lakh cr diesel, LPG subsidy for FY'13

-PTI NEW DELHI: Finance Ministry today agreed to dole out a record Rs 100,000 crore towards diesel and Cooking Fuel subsidy in 2012-13 but wants pricing formula to be changed from current year to cut down the outgo. Finance Ministry, which had previously given out cash subsidy of Rs 55,000 crore, agreed to give Rs 40,000-45,000 crore more to cover for unmet revenue losses on fuel sale in the fiscal year ending...

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How GDP understates economic growth-Bill Gates

-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...

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25% RTE quota: Government stares at inflated bill- Prashant K Nanda

-Live Mint Reimbursing schools that reserve 25% seats for underprivileged children may end up costing the govt about Rs.16,000 cr The central government is faced with the prospect of a large bill to pay for the implementation of one of the key elements of the right to education (RTE) legislation-reimbursing private schools that reserved 25% of their seats for underprivileged children-even as the 31 March deadline for most of the law's other...

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