The Central Government is drafting a new law that will guarantee food security to a majority of the population, Congress president Sonia Gandhi said on Tuesday. Addressing party delegates attending a daylong session of the All-India Congress Committee (AICC) at the Talkatora Stadium here, Gandhi said that a new food security law would create a more efficient and effective public distribution system. "All this will, hopefully ensure an end to malnutrition, which...
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Power thefts cost India Rs 45k crore in 2009-'10 by Chittaranjan Tembhekar
India's power revolution seems to have run out of steam due to transmission and distribution losses. The country is losing a huge quota of power to faulty distribution networks and power theft every year. The losses, experts say, are currently 29 %of the total generation, which equals a shocking Rs 45,000 crore in the fiscal year 2009-10 . The drop in losses since 2001 is a negligible 3% . President...
More »Food security: PM says will seriously evaluate NAC recommendations
The Prime Minister, Dr. Manmohan Singh, on Saturday, said that on his return to New Delhi, he would study the recommendations made by the National Advisory Council (NAC) on the issue of food security. Interacting with media persons accompanying him a three-nation visit to Japan, Malaysia and Vietnam, on a wide range of subjects onboard his special aircraft, Dr. Singh said: "When I will go back, I will try to acquaint...
More »Food Security Sans PDS: Universalization Through Targeting? by Smita Gupta
The case of the Food Security Bill gets curiouser and curiouser. What started off as a fight between universalization and targeting has ended (or so it would seem) in a complete victory in the National Advisory Council, Government of India (NAC) for targeting through universalization (if such a thing was possible), with the honourable exception of Prof Jean Dreze, who has to be commended for his ‘note of disagreement’. On...
More »In India, greed creeps into microlending, critics say by Rama Lakshmi
The microcredit revolution has been celebrated for helping poor women in developing countries start small businesses. By borrowing money for purchases such as a buffalo or sewing machine, the women were able to help lift their families out of poverty. But critics say the microcredit model has been perverted by commercial greed in India, with reports of abusive collection methods and sky-high interest rates. "What began as a simple, innovative model...
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