–PTI Chaibasa (Jharkhand): Maoists are taking away foodgrains meant for mid-day meals in schools and the public Distribution system, and even controlling projects under MGNREGS in Naxal-affected areas of West Singhbhum district, a senior police officer said on Saturday. This was revealed during interrogation of an arrested hard-core Maoist, identified as Cherwa, said Superintendent of Police Pankaj Kamboj. Cherwa is an influential man in the area and a member of the management committee...
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A bigger helping for food Bill
-The Business Standard FM allocates Rs 10,000 cr to implement the programme; this is apart from the usual food subsidy requirement of Rs 80,000 cr for the year The most ambitious social security programme of the government, the National Food Security Bill, got a leg-up in the 2013-14 Budget, with Finance Minister P Chidambaram allocating Rs 10,000 crore for implementing it. This allocation is over and above the usual food subsidy requirement of...
More »Budget 2013: CPI(M) Slams Tax 'Concessions' to the Rich
-Outlook The CPI(M) today castigated the government for foregoing over Rs 5.73 lakh crore as tax revenues by granting tax concessions to the rich, saying the amount was Rs 53,000 crore more than the fiscal deficit. "The budget proposals will further enrich the rich and impoverish the poor," senior CPI(M) leader Sitaram Yechury told reporters while reacting to the 2013-14 Budget. Quoting data presented in the budget, he said the aggregated revenue foregone...
More »Economic Survey: Focus on subsidy is Budget highlight: PwC
-MoneyControl.com The Survey calls for a re-prioritization of expenditure especially in the subsidy front by cutting down the subsidy bill in case of Oil and Fertilizer and by increasing the efficiency of Targeted Public Distribution System (TPDS) and Direct Benefit transfer. “The Survey calls for a re-prioritization of expenditure especially in the subsidy front by cutting down the subsidy bill in case of Oil and Fertilizer and by increasing the efficiency of...
More »LPG subsidy reaching the poor is less
-The Hindu The Economic Survey has said that the proportion of liquefied petroleum gas (LPG) subsidies that goes to the poor, in both rural and urban areas, was low. This finding is bound to provide fuel to the debate on whether the rich should continue to be supplied cooking gas at subsidised rate. Making a case for containing subsidies through better targeting, the Survey said the reach of subsidies on LPG “is...
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