-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...
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A food security ordinance that will stimulate food inflation is passing strange
-The Times of India The Parliament's Monsoon session is only about a month away. That the Union cabinet has yet taken the ordinance route to implement the national food security Bill signals the scam-tainted UPA government's desperation to woo voters before the next general elections. But the hope that expanding what is already one of the world's largest food security programmes will boost political fortunes is hallucinatory. The exchequer is already...
More »Maharashtra govt to sell 30% cheaper veggies at 10 city centres
-The Times of India MUMBAI: Unable to prevent prices of vegetables and fruits from going through the roof, the state government is now promising their supply to Mumbaikars at reduced rates, a promise observers say needs to be taken with a pile of salt. Starting Monday, the government will-for the first time since 1999-sell vegetables and fruits at a price 30% lower than the current retail rate at select co-operative outlets...
More »Cabinet clears food security via ordinance
-The Times of India NEW DELHI: The Union Cabinet on Wednesday cleared an ordinance to implement the politically significant national food security bill without waiting for Parliament's Monsoon session that is about a month away. The decision to press ahead with the ordinance - delayed after the government sought to enlarge political support for the bill - is rooted in Congress's determination to project commitment to food security as an key aspect...
More »Dumping of muck by hydro power projects near rivers poses big hazard in Himachal Pradesh -Anand Bodh
-The Times of India SHIMLA: Muck generated by hundreds of hydro power projects in Himachal Pradesh is being dumped along river beds, which has disturbed the natural course of major rivers in the state. With large scale construction of houses and hotels along the banks of major rivers, especially Satluj, Beas and Parbati, even a slight change in the course of these rivers could wreak havoc, like in Uttarakhand, where the...
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