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A fiscal crisis: Why FCI needs provisioning in food subsidy budget -Sandip Das

-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to finance its operations. FCI is the central agency that manages procurement, storage...

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Centre used GST compensation cess elsewhere, violated law: CAG

-PTI/ The Hindu The CAG findings run contrary to Finance Minister Nirmala Sitharaman’s submissions in Parliament last week that states could not be compensated for revenue shortfall from the Consolidated Fund of India (CFI) relying on an opinion from the Attorney General of India which stated that there was no such provision in the law. The CAG has found that the Union government in the very first two years of the GST...

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P Sainath, the founder editor of the People’s Archive of Rural India and former rural affairs editor of The Hindu, interviewed by Mitali Mukherjee (TheWire.in)

-TheWire.in The journalist says that though there is a very clear pro-corporate intent behind the Bills, they may enable middle-men to wring an even harder grip on the farmers. Amidst an uproar and stiff protest, three contentious farm Bills were passed in the Rajya Sabha on Sunday and Tuesday. The Bills seek to replace ordinances promulgated in June this year and were already cleared by the Lok Sabha. The idea behind all the...

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Why Government Acted The Way It Did In Rajya Sabha -Brinda Karat

-NDTV Eight opposition members of parliament, arbitrarily suspended from the Rajya Sabha, spent last night at a protest dharna at the foot of the Gandhi statue within the compound of parliament. The conduct of the government and its officials in the Rajya Sabha, which led to such a development, brings it no credit. The country was denied the opportunity to witness the proceedings in the Rajya Sabha on Sunday when the...

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90,000 ineligible beneficiaries under PM-KISAN Nidhi scheme identified in Villupuram district

-The Hindu As of Sunday, around ₹7.5 crore in cash credited into the bank accounts of 20,500 ineligible beneficiaries had been recovered VILLUPURAM: The Department of Agriculture has identified as many as 90,000 ineligible beneficiaries under the PM-KISAN Nidhi scheme in the district and recovered ₹7.5 crore so far. A senior official on anonymity said that out of the 90,000 ineligible beneficiaries, as many as 38,000 were from Villupuram district while 60,000 were...

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