-NDTV Finance Minister P. Chidambaram has earmarked Rs. 10,000 crore as incremental cost to implement the Food Security Bill, which he described as a promise of the UPA government. A centrepiece of the ruling government's campaign in 2009, the Bill was cleared last month by a parliamentary committee. The Bill says 75 per cent of the rural population and 50 per cent of the poor in urban India - about 800 million people...
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Budget 2013: Super rich to pay more but no changes in income tax rates or slabs
-CNN-IBN Finance Minister P Chidambaram plans to get more income for the government by taxing the super-rich and the corporate sector even though he left untouched income tax rates and slabs. Chidamabaram allowed some relief for those who earn between Rs 2-5 lakh per year by announcing that they would be granted a tax credit of Rs 2000 and left most of the items untouched by not tinkering too much with...
More »Alternative options to be provided for tribals
-The New Indian Express Bhubaneshwar: The State Government has decided to implement the Focused Area Development (FAD) scheme for the welfare of tribal people for the next 10 years with an expenditure of `15.9 crore per year. The scheme was launched in 2012-13 for providing alternative sources of livelihood to the tribal people. The decision to continue the FAD scheme for the next 10 years was taken at a high level meeting...
More »KV Thomas, Food Minister interviewed by Ragini Verma and Liz Mathew
-Live Mint In an interview, India’s food minister says the Bill is about making the Right to Food a legal entitlement Prospects for the National Food Security (NFS) Bill—United Progressive Alliance (UPA) chairperson Sonia Gandhi’s dream legislation—haven’t looked better. Food minister K.V. Thomas, in charge of fine-tuning the contours of the Bill, is confident of steering it through Parliament during the budget session. In an interview, Thomas said the Bill isn’t merely...
More »RIL gives half of documents sought by CAG
-PTI Reliance Industries has provided half of the documents sought by CAG and promised to give most of the remaining when the auditor returns to audit its spending on the flagging KG-D6 fields. RIL provided half of the documents to the team of the Comptroller and Auditor General (CAG) during their three-week stay at the company's office at Mumbai beginning January 9 and wrote to it that the rest, barring a small...
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