-PTI Financial performance of the states with relation to indicators of debt servicing such as debt as a proportion to revenue receipts and gross state domestic product (GSDP) has improved between 2009-10 and 2011-12, says an Icra report. While states like Kerala, Gujarat, Punjab, Rajasthan and West Bengal remain relatively more indebted, Karnataka, Odisha and Chhattisgarh have displayed a superior performance in 2011-12 in terms of their debt relative to revenue receipts. Chhattisgarh,...
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'Food bill to cost 2.38L cr/yr'-Subodh Varma
-The Times of India How much would it cost the central government to provide grain to the whole country at affordable prices? A calculation by the Delhi-based advocacy group Centre for Budget & Governance Accountability (CBGA) puts the figure at Rs 2,38,471 crore for one year. In the current financial year (2012-13), the Centre spent Rs 75,366 crore on the food subsidy, that is, about 0.74% of the gross domestic product....
More »Suryanelli victim to move court
-The Hindu Alleged involvement of Rajya Sabha Deputy Chairman P.J. Kurien KOTTAYAM: The victim in the Suryanelli sex-scandal case and those close to her are considering taking legal recourse seeking further investigation into the alleged involvement of Rajya Sabha Deputy Chairman P.J. Kurien in the case. Those close to the victim say they have two options before them, one being to approach the court at Munnar, where the original case was registered, invoking...
More »MGNREGA’s second innings-N Chandra Mohan
-The Business Standard Implement it with watershed development schemes to alleviate poverty The United Progressive Alliance government appears to be upbeat regarding the prospects of its flagship scheme, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), which provides a universal, self-targeting guarantee of 100 days of employment to every household in all rural districts of India. “MGNREGA has tremendous potential to increase agricultural production, which we have not been able to...
More »Can Kurien continue in post, CPI(M) asks Congress
-The Hindu With fresh evidence surfacing of his involvement in the Suryanelli gang rape case, P.J. Kurien should step down as Rajya Sabha Deputy Chairperson, the CPI(M) said on Sunday. In a statement here, the CPI(M) said if he did not step down, he should be removed from the post, in the background of the Supreme Court annulling the Kerala High Court order acquitting 35 accused persons and ordering re-examination of the...
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