Every passing day makes it clear that the proposed food security law may not come by for a while. One report quoting the Planning Commission even suggested that it can be expected only in 2012. This Twelfth Plan (2012-17) launch has support from the concerned dual Ministry of Agriculture as well as Food, Consumer Affairs and Public Distribution. In that eventuality it does mean a surge in food insecurity.A dispassionate...
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Panel proposes UID-linked direct subsidy by Utpal Bhaskar
The government is planning a complete overhaul of the way the power sector is financed and subsidies are delivered, attempting to address a funding shortfall delaying the construction of electricity projects and worsening a chronic power deficit that threatens to sap growth in India’s energy-hungry economy.This exercise is based on a report submitted by a panel headed by Montek Singh Ahluwalia, deputy chairman of the Planning Commission, to the power...
More »Govt urged not to link UID, NREGA by Jaideep Deogharia
Activists associated with framing and implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) have raised alarm against linking of Aadhar, the Unique Identification Number (UID) of an individual, with the job scheme. According to them, the effort would deprive a large number of labourers of job opportunities and may result in complete blockade of the scheme at certain places. A movement spearheaded by development economist and member of...
More »Home ministry not in favour of merging BPL, caste censuses by Sahil Makkar and Ruhi Tewari
The home ministry is opposing a proposal by the Rural Development Ministry to merge a census to identify families living below the poverty line with the caste census, raising the possibility of a conflict between two key ministries. “We have objected to the move as it would lead to many complications,” said a home ministry official. The Rural Development Ministry had recommended carrying out the two enumerations simultaneously to accelerate the process...
More »Government asks banks to submit MFI loan, NPA data by Manojit Saha
Two months after the crisis in the microfinance industry broke out, resulting in the possibility of bank loans to the sector becoming non-performing, the government now wants to do a reality check. Last evening, the finance ministry dashed off a letter to public sector banks, Small Industries Development Bank of India and National Bank for Agriculture and Rural Development, asking them to furnish data on how much exposure they have to...
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