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50 lakh tonnes of grain to be offloaded in domestic market

-The Indian Express   Reeling under the pressure of huge foodgrain stocks, well above the storage capacity across the country, the government on Thursday decided to send 50 lakh tonnes of grains to the states at much below the minimum support price (MSP), leaving a window open for export at a later date. “We will look into the issue once the Agriculture Minister is back in town,” Finance Minister Pranab Mukherjee is...

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NAC sticks to its stand, finalises draft food security bill by Nitin Sethi

The Sonia Gandhi-led National Advisory Council stood its ground on Wednesday and gave the go-ahead to an expansive Food Security Bill. Not relenting to the position the Prime Minister's Office and the Planning Commission had taken against a bill that could lead to a surge in subsidy, the NAC finalized the draft along the lines of the framework it had made public earlier. The government was expected to table its...

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Bid to bring SC focus on MGNREGA corruption by Anindo Dey

Taking ahead its fight against corruption in schemes under MGNREGA, the Aruna Roy led Suchna Evum Rozgar Ka Adhikar Abhiyanhas begun work for bringing the glare of the Supreme Court and the Centre on cases of misappropriation in the state. The Abhiyan's move comes after alleged complacency by the state in handling these cases. And while the Abhiyan would be taking up the numerous cases where sarpanches have been found...

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Jean Dreze asks Sonia not to extend his NAC membership

-The Times of India   National Advisory Council member and economist Jean Dreze has written to chairperson Sonia Gandhi requesting that he should not be considered for membership again after his one-year term finishes. Dreze, a vocal critic of the UPA leadership's views on the proposed Food Security Bill, is seen as one of the key architects of the social security programme that has led to a public battle between the...

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Suresh Tendulkar, eminent economist, passes away by Ashok Dasgupta

He played a significant role in framing economic policy He estimated that every third Indian is living in poverty Did extensive work on credit and privatisation policies With the demise of Suresh Tendulkar at the age of 72 following a cardiac arrest in Pune on Tuesday, the country has lost yet another eminent economist who played a significant part in moulding the government's economic policy making. A Ph.D. in economics from Harvard University and...

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