The Sonia Gandhi-led National Advisory Council stood its ground on Wednesday and gave the go-ahead to an expansive Food Security Bill. Not relenting to the position the Prime Minister's Office and the Planning Commission had taken against a bill that could lead to a surge in subsidy, the NAC finalized the draft along the lines of the framework it had made public earlier. The government was expected to table its...
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Suresh Tendulkar, eminent economist, passes away by Ashok Dasgupta
He played a significant role in framing economic policy He estimated that every third Indian is living in poverty Did extensive work on credit and privatisation policies With the demise of Suresh Tendulkar at the age of 72 following a cardiac arrest in Pune on Tuesday, the country has lost yet another eminent economist who played a significant part in moulding the government's economic policy making. A Ph.D. in economics from Harvard University and...
More »Poor storage, movement of foodgrains a worry again by K Balchand
Rise to the occasion, PM tells Railways Ministry yet to finalise Food Security Bill draft Poor storage and movement of foodgrains are a matter of worry for the second consecutive year to the UPA government. Procurement during the current rabi marketing season has already exceeded last year's level. The Ministry of Consumer Affairs, Food and Public Distribution is bothered about the likely scenario of destruction of procured foodgrains during what is being described...
More »Govt may introduce food security Bill in monsoon session by Liz Mathew
Discussions with Plan panel, finmin and NAC almost over, draft law to be finalized at the next eGoM meeting The Congress-led United Progressive Alliance (UPA) government is expected to introduce the National Food Security Bill, a proposal that aims to provide subsidized foodgrain to the poor, in the monsoon session of Parliament even as the procurement of rice and wheat touches a record high. The ruling Congress party had pledged in its...
More »Food bill does a balancing act by Zia Haq and Prasad Nichenametla
The food ministry has prepared a new food security bill, reworking an earlier version and reconciling what had been “promised to the people” by the ruling Congress and the government’s fiscal constraints, MoS for agriculture KV Thomas has told HT. In August last year, the UPA government had pulled the plug on a previous draft, after it was found wanting by the Congress leadership. The Sonia Gandhi-led National Advisory Council, which oversees...
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