-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...
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Government plans vouchers to subsidise rent for urban poor -Shalini Nair
-The Indian Express The voucher scheme is supposed to act as an intervention for LIG and EWS segments who are forced to seek accommodation elsewhere in the face of inadequate social rental housing THE MINISTRY of Housing and Urban Poverty Alleviation is considering introduction of subsidies, in the form of direct benefit transfer, that would be provided to economically weaker sections (EWS) and low income group (LIG) households towards their rent payments. The...
More »Govt plans to train civil engineers to supervise MGNREGS projects -Elizabeth Roche
-Livemint.com Move to train 10,000 youths aimed at maintaining quality of assets created under rural jobs scheme New Delhi: The ministry of rural development is planning to train at least 10,000 youths in basic civil engineering concepts and engage them in the planning and supervision of works carried out under the ministry’s flagship welfare programme—the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), according to ministry officials who did not want...
More »Official Claims of Huge Savings from Direct Benefit Transfer for LPG Don’t Add Up -Damon Vis-Dunbar, Kieran Clarke and Shruti Sharma
-TheWire.in Since April 1, 2015, India’s cooking gas subsidies have been distributed solely by electronic transfer through the Direct Benefit Transfer for Liquefied Petroleum Gas scheme (otherwise known as DBTL or PAHAL). Under this system, which has replaced the direct sale of cooking gas cylinders at subsidised prices, households place an order for LPG with their gas distributor, receive an amount equivalent to the current subsidy amount via electronic transfer to...
More »Destruction of US credibility at WTO -Timothy A Wise and Biraj Patnaik
-Livemint.com It is hypocritical of the US to give price support to its farmers while denying it to the world’s poorest farmers The tenth ministerial conference of the World Trade Organization (WTO), to be held in Nairobi on 15-18 December, is already mired in discord, with negotiators unable to agree on a mandated post-Bali work programme. At issue are US and European Union (EU) proposals to scrap the texts agreed to thus...
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