-The Hindu Loans disbursed to State Governments by the National Bank for Agriculture and Rural Development (NABARD) for creating rural infrastructure has crossed the Rs.1 lakh crore mark. Of that Rs.6,523 crore has been disbursed in Tamil Nadu. This is the fourth among the States that have availed of substantial financial support from NABARD. The other three are Andhra Pradesh (Rs.9,711 cr.), Uttar Pradesh (Rs.7984 cr.), Gujarat (Rs.7,324 cr.), According to a NABARD...
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Even Food Minister's home State misses deadline on Food Security Bill by Gargi Parsai
With only a few States having sent in their comments on the Food Ministry's draft National Food Security Bill, 2011, till the closing date on Friday, the Centre is planning to extend the date by a month or two, official sources said. Despite Minister of State for Food and Consumer Affairs K.V. Thomas having written to all States and Union Territories last week to send in their comments, not even his...
More »India needs to curb food wastage to tackle inflation: World Bank
-The Hindu Business Line Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...
More »Live on Rs 32 a day: Aruna Roy to Montek Ahluwalia
-The Times of India Aruna Roy and Harsh Mander, members of the Sonia Gandhi-led National Advisory Council, have joined Right to Food campaigners in demanding that Planning Commission deputy chairman Montek Singh Ahluwalia withdraw the poverty line affidavit filed by the panel before the Supreme Court or resign. In an open letter by the two prominent members of the UPA think-tank National Advisory Council in their capacity as members of the Right...
More »Now Planning Commission thinks there is confusion over poverty line by Gargi Parsai
-The Hindu Faced with strong reactions to its affidavit on the poverty line estimates filed in the Supreme Court on Monday, the Planning Commission may re-visit the issue and, if necessary, file an amendment in the court. Sources in the Commission indicated that another committee of experts was likely to be set up to dispel the “confusion” and arrive at a more realistic estimate of poverty numbers that were “multi-dimensional” and to...
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