-Outlook As government seeks to roll out the food law, Finance Minister P Chidambaram today sought to raise total subsidies on fuel, food and fertilisers marginally to over Rs 2.46 lakh crore in the 2014-15 fiscal. Government has increased the food subsidy by a whopping Rs 23,000 crore to Rs 1,15,000 crore for 2014-15 fiscal mainly for implementation of the National Food Security law. According to the interim Budget proposals, subsidy bill on...
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Spending on subsidies surged, education and health lagged during 10 years of UPA -Sidhartha
-The Times of India NEW DELHI: When finance minister P Chidambaram presents his first interim budget on Monday, he is expected to devote a significant chunk of his speech - which may be between 12 and 18 pages - to UPA government's spending on social sector schemes, especially health, education and rural development. But what is probably going to slip through is the fact that these sectors actually witnessed a comparatively...
More »Government Cuts Plan Spending by Rs 79, 790 Crore
-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...
More »'Take care of small farmers'
-The Hindu TISS chief seeks parity in trade tariff KASARAGOD (Kerala): With neo-liberal economic values holding increasing sway in contemporary society, India should strive to ensure a level playing field among nations to safeguard interest of small-time business groups and farmers in the country, Director of Tata Institute of Social Sciences (TISS) S. Parasuraman has said. "If you are talking about level playing field for all nations, after having become part of the...
More »Golden Rice –A Revolution Still Waiting to Happen
-Oryza.com "Golden Rice will certainly be accepted one day. We are only trying to put pressure so it will be accepted earlier than later. Each second of the day a child dies unnecessarily." These are the words of Dr. Patrick Moore, Canadian ecologist and former director of Greenpeace, who is leading a campaign to make Golden Rice acceptable in the EU and across the world. What's surprising about Dr. Moore's words...
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