-The Business Standard TN's share of grains to drop by 32%, poll-bound states like MP, Rajasthan too get rise in grains allocation Bihar and Uttar Pradesh the two politically crucial states are among the top three states which will get maximum increase in their annual foodgrains allocation as per the newly promulgated National Food Security Ordinance (NFSO). Rajasthan is the third. According to an internal assessment made by the food ministry, which was...
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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...
More »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...
More »Rains, incomes & food: Good monsoon this year is bad news for India -Himangshu Watts
-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...
More »12th plan yet to be officially printed, but Panel wants states to be ready for mid-term appraisals -Vikas Dhoot
-The Economic Times NEW DELHI: India's much-delayed Twelfth Five-Year Plan is yet to be officially printed, but the Planning Commission has already begun asking states and ministries to start gearing up for the mid-term appraisals for this Plan period, leaving most of them bewildered. This Five-Year Plan started in April 2012, but the strategy document for the Plan was finalised and approved by National Development Council in late December that year -...
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