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Department of Posts seeks Rs 1,900 crore from government for banking -Urmi A Goswami

-The Economic Times NEW DELHI: The government's earnestness to change the lives of millions untouched by high-street banks is being tested with a proposal from its own department of posts. Armed with an amazing network of offices, the department has sought Rs 1,900 crore from the Centre to launch a bank that would connect with the aam aadmi in Indian villages and far-flung areas where few institutional lenders have a presence. Financial...

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Cong wants speedy rollout of food scheme in its states-Kavita Chowdhury

-The Business Standard Haryana's Bhupinder Singh Hooda was the other CM to say the state would be ready to roll out the scheme from August 20 Within days of promulgating the food security Ordinance, the Congress on Saturday got into the act of ensuring "speedy implementation" of the scheme in the party-ruled states. Thirteen party chief ministers discussed nuances of the Ordinance with party president Sonia Gandhi on Saturday. The party is...

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Much ado about little-TN Ninan

-The Business Standard Many myths surround the new 'food security' law Back in the 1980s, the government distributed an average of nearly 16 million tonnes of foodgrain each year through the public distribution system (PDS). The 1990s saw an increase in the PDS throughput to just over 17 million tonnes. The striking change came in the decade of the "noughties", which saw the annual figure climbing to around 20 million tonnes, then...

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Sonia Gandhi asks CMs to roll out food scheme in 'letter and spirit'

-PTI NEW DELHI: Congress president Sonia Gandhi on Saturday asked the states ruled by the party to implement in 'letter and spirit' the food security scheme which it sees as a 'game changer' in the 2014 Lok Sabha elections. She held deliberations with Congress chief ministers on how to implement the food scheme seeking to provide cheap foodgrains to 82 crore people, for which an ordinance was promulgated last week. Party sources said...

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Food security scheme to be launched on August 20

-PTI Congress president Sonia Gandhi on Saturday asked the States ruled by the party to implement in "letter and spirit" the food security scheme, which it sees as a "game-changer" in the 2014 Lok Sabha elections. Ms. Gandhi held deliberations with Congress Chief Ministers on how to implement the food scheme seeking to provide cheap foodgrains to 82 crore people, for which an ordinance was promulgated last week. Party sources said the Chief...

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