-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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Demand for Internet and mobile services rising due to lower prices – UN report
-The United Nations There will soon be as many mobile cellular subscriptions as the 7 billion people inhabiting the planet, according to figures released today by the United Nations, which show that strong sustained demand for information and communication technology services is being encouraged by falling prices for broadband Internet. “The World in 2013: ICT Facts and Figures,” produced by the UN International Telecommunication Union (ITU), also shows that despite a positive...
More »Budget 2013: Rs 80,194 crore to Ministry of Rural Development
-The Economic Times Finance Minister P Chidambaram has allocated Rs 80,194 crore to Ministry of Rural Development in Budget 2013. Giving the emphasis on education, Chidambaram said Budget 2013 will allocate Rs 65,867 crore to the HRD ministry. My budget's overarching goal is to create opportunities for our youth, he said. More than the fiscal deficit, Chidambaram said his greater worry is the current account deficit. In his Budget speech, he said the 'passion...
More »Right to Homestead Bill: Task force to finalise draft-Priscilla Jebaraj
-The Hindu Draft Bill to be discussed on Tuesday After legislating the Right to Information and Education — and making a stab at the Right to Work and Food through the Mahatma Gandhi National Rural Employment Guarantee Act and the Food Security Act respectively — the government’s next step seems to be aimed at legally upholding the right to a home of your own. On Tuesday, a task force set up by the...
More »Protein portents- Subir Gokarn
-The Business Standard Relative price changes across food items may impinge on long-term food security Rising food prices have been a significant driver of inflation in India over the past few years. In early 2008, there was a global surge in food prices, which certainly had an impact on the domestic situation. But, this subsided in a few months. Since then, the pressures seem to have been predominantly internal. If these trends...
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