It is the availability of adequate foodgrains to meet the mandatory requirements under the proposed National Food Security Bill that worries the government, not the enhanced subsidy such a move would entail. From what the government is planning it appears that the subsidies on Petroleum products would go to meet the requirement of providing cheap foodgrains to the poor under the Public Distribution System (PDS) and to bring the Above...
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MP first state in the country to push for food security for the poor
The recent allegations made are uncalled for and can be seen as an attempt by bidders disqualified due to not fulfilling the tender requirements. Companies like Glodyne who have been crying foul did not even have an ISO certification to bid for the project and have failed miserably in states like Bihar to execute projects of nation building NREGA it took on. Other players included TCS and Aditya Birla Group...
More »“Inflation will be reduced to 5-6 per cent by year-end”
Projecting an 8.5 per cent economic growth for the current fiscal, Prime Minister Manmohan Singh on Monday conceded that rising prices had brought distress to the common man, but exuded confidence that the “corrective” efforts of the Centre and the States would bring down inflation to about five or six per cent by the end of December this year. At a press conference here to mark the completion of the UPA-II...
More »National LPG scheme inaugurated
Union Petroleum and Natural Gas Minister Murli Deora inaugurated the Rajiv Gandhi Grameen LPG Vitarak Yojana as a national scheme for providing liquefied petroleum gas to the rural households at Lachhmangarh in Sikar district of Rajasthan on Sunday. Six dealers were selected for rural locations in the State through draw of lots. Addressing the gathering, Mr. Deora said the Union Government was committed to providing convenient and hygienic cooking fuel to...
More »Danger of inflation by CP Chandrasekhar
WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...
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