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Mega stocking by government pushing up food prices? -Surojit Gupta & Sidhartha

-The Times of India Stocking up of foodgrains by the government could be one of the major factors for the continuing surge in food prices, warn experts. Latest wholesale price data available on the industry department's website shows that wheat prices are up almost 20% in October compared to a year ago. That's at a time when the government is holding stocks of 42 million tonnes — three times the buffer stock...

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Sibal for Fee Waiver on Mobile Money Transfer for BPL

-Outlook Telecom Minister Kapil Sibal today said Department of Posts and state-run BSNL should waive-off fees charged on money transfers by people in the Below Poverty Line (BPL) category, under the Mobile Money Transfer Service launched today. "I would urge the two departments, as a first step before revising the transaction cost... To ensure that BPL category people, when they send money, do not pay transaction cost at all," Sibal said while...

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Odisha Opposes Direct Cash Transfers to Backward Areas

-Outlook An Odisha minister today dubbed as impractical direct electronic Cash transfer of subsidies to beneficiaries in backward regions. "How can it be possible when a large number of people in Odisha do not have bank accounts?" Odisha's Food minister P K Deb questioned. "The basic objective of the public distribution system to arrest hunger among the poor will be defeated if the beneficiaries are provided Cash instead of cheap food," the minister...

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NIPFP study says large returns expected from Aadhaar project

-PTI Integrating unique identification number project “Aadhaar” with various social sector schemes like rural employment guarantee programme and PDS, would yield rich dividends for the government, says a study. According to cost benefit analysis study done by the National Institute of Public Finance and Policy (NIPFP), the investment on Aadhaar project would provide a return of as high as 52.85 per cent to the government. Substantial benefits would accrue to the government by...

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'Election Commission Cannot Replace CrPc' -RK Misra

-Outlook The Gujarat High Court on Friday struck down a directive of the Election Commission of India terming the limitations on Cash movement above a stated limit as unconstitutional The Gujarat High Court on Friday struck down a directive of the Election Commission of India terming the limitations on Cash movement above a stated limit as unconstitutional, drastic and violative of personal liberty and privacy of individuals even if it was...

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