-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to finance its operations. FCI is the central agency that manages procurement, storage...
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Amnesty International’s closure received attention at ‘highest levels’ of U.S. government, says official -Sriram Lakshman
-The Hindu “We look forward to a response and a resolution to this situation,” a U.S. State Department official said. Washington DC: The U.S. administration and U.S. Congress have been “very, very closely” following the closure of Amnesty International in India following the freezing of its bank accounts by the government. The issue has received attention at the “highest levels” of the U.S. government as per a senior U.S. State Department official. “On...
More »Compared to other South Asian countries, India fares poorly in terms of food and nutrition security, indicates SOFI 2020 report
In his Mann ki Baat speech delivered on 30th August, 2020, Prime Minister Shri Narendra Modi said that the month of September 2020 will be observed as Nutrition Month (POSHAN Maah) in the entire nation. In his address to the nation on that day, he highlighted that for children to be well-nourished, the mother should receive proper and adequate nutrition. In this context, it is important to discuss the 11 different...
More »UP's New Special Security Force Can "Search, Arrest Without Warrant" -Alok Pandey
-NDTV.com In a series of late-night posts, the UP government Twitter handle quoted Additional Chief Secretary (Home) Awanish Awasthi as saying that "eight battalions of the UPSSF will be constituted initially at a cost of ₹ 1747.06 crore". Lucknow: A special force will be set up in Uttar Pradesh, with powers similar to the CISF (Central Industrial Security Force), that can search and arrest without a warrant, the state government said on...
More »Fall in GDP alarming: Raghuram Rajan
-PTI/ The Hindu Business Line Time for bureaucracy to take meaningful action, says former RBI governor Terming the 23.9 per cent fall in economic growth in June quarter alarming, former Reserve Bank Governor Raghuram Rajan has said bureaucracy should come out of complacency and take meaningful action. The current crisis requires a more thoughtful and active government, he said, adding unfortunately, after an initial burst of activity, it seems to have retreated...
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