-The Hindu Business Line India has eased entry barriers after losing WTO case to the US Chennai/ Hyderabad: As dumping of chicken legs by the US becomes imminent after India lost the case at the World Trade Organisation (WTO), the Rs. 50,000-crore domestic poultry industry proposes to approach the Centre seeking protection of its interests. “There is no level playing field. We are planning to ask the government to either ban import of...
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Government says Rs 21,000 crore saved in LPG subsidy under DBT scheme
-The Times of India NEW DELHI: The government on Wednesday said that close to Rs 21,000 crore was saved in two years by directly transferring subsidy (DBT) to user bank accounts. The savings are largely from the elimination of fake/ghost/duplicate/inactive domestic LPG connections. Over 3.34 crore of these connections were done away with after the implementation of DBT. According to government calculations, 3.34 crore blocked consumers would have used up Rs 14,818.4...
More »CAG audit nails Centre’s claim on LPG subsidy saving -Josy Joseph and TCA Sharad Raghavan
-The Hindu The audit has also found substantial systemic problems with the Direct Benefit Transfer in LPG scheme, called Pahal by the government. The Centre claims it would end up saving almost Rs. 22,000 crore in the financial years of 2014-15 and 2015-16 since launching its two-pronged approach on cooking gas subsidy — introducing direct bank transfers of the subsidy and asking better off consumers to voluntarily give up theirs. However, a CAG...
More »Govt readies mega pulses plan to rein in inflation, boost supply -Zia Haq
-Hindustan Times New Delhi: The government is readying a new policy framework to rein in the inflationary impact and stabilise the supply of pulses, a widely consumed but scarce food item with economy-wide implications. Three ministries – agriculture, food and finance – and the state-run policy think-tank Niti Aayog are coordinating efforts to frame the new measures that will see the government step in as one of the key importers of pulses. “The...
More »Fact Check: Understanding the data on flowing milk, booming agricultural output -Harish Damodaran
-The Indian Express Agriculture Ministry’s harvest estimates don’t square with drought conditions in several cases, raise serious questions of credibility. We have had two consecutive drought years, yet India’s milk production, according to the Agriculture Ministry, has risen from 137.69 million tonnes (mt) in 2013-14 to 146.31 mt in 2014-15 and 160.35 mt in 2015-16. Never before has the country’s milk output grown at these rates — that too, in the face...
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