To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...
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Unique ID better than PC smart card: Montek by Nishit Dholabhai
The Planning Commission today said Nandan Nilekani’s unique identification (UID) numbers were a more practical option than P. Chidambaram’s smart cards when it comes to electronic transfer of benefits to the rural poor. Plan panel deputy chairman Montek Singh Ahluwalia said the UID numbers could be used even through “mobile telephones while the smart card can only be read by a card-reader”. The commission and the home ministry have both been pushing...
More »Government hides more than it reveals in the Food Security Bill by Gargi Parsai
The uncertainty over the Lokpal Bill has overshadowed an equally significant National Food Security Bill, which was cleared by the Union Cabinet last week and is to be introduced in the Lok Sabha on Thursday. The Bill has been in the eye of the storm over targeted coverage of beneficiaries as against universalisation in view of the immense ramifications for the aam aadmi , struggling with rising food prices. In the second...
More »Tamil Nadu seeks exemption from Food Security Bill
-The Hindu Chief Minister Jayalalithaa on Tuesday expressed her “strong opposition” to the draft Food Security Bill, 2011 and urged the Centre to exempt Tamil Nadu from the purview of the Bill. In her letter to Prime Minister Manmohan Singh, she said the proposed Bill was replete with “confusion and inaccuracy.” The proposed classification of target groups into priority household (PHH) and general household (GHH) for delivery of food entitlements would surely invite...
More »Tax exemptions for rich costs govt Rs 4.6L cr
-The Times of India The subsidy for the poor is dwindling, but this has not deterred the government from lining up corporate houses' pockets. Last year, the Centre gave away potential revenue of Rs 4.6 lakh crore on account of various tax exemptions and incentives to industrialists, compared to the Rs 1.54 lakh crore on subsidy to poor and farmers. There are direct tax incentives and exemptions to businesses in the corporate...
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