The fertiliser ministry may seek more funds from the finance ministry to meet its subsidy obligations as it needs more than the allocated amount to take care of the rising subsidy bill, a top official said. "We have already received 17,700 crore in addition to the budgetary allocation of around 50,000 crore. But we still need more funds, and the amount will be finalised in consultation with the finance ministry," said...
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Equity must be basis of climate talks: PM
-The Times of India In one of his most emphatic public statements reaffirming the return of 'equity' in India's climate change stance, Prime Minister Manmohan Singh said global cooperation on climate change "must be based on the foundation of the right to development and the need for an equitable distribution of burden". Coming days before India makes its submission outlining the frame for a post-2020 climate regime, PM's statement was a closely...
More »Indian bureaucracy rated the worst in Asia
-PTI Indian bureaucracy is the worst in Asia with a 9.21 rating out of 10, according to a report by a prestigious consulting firm based in Singapore. India fared worst than Vietnam (rated at 8.54), Indonesia (8.37), Philippines (7.57) and China (7.11), said the report released today by Hong Kong-based Political & Economic Risk Consultancy Ltd. Singapore remained the best with a rating of 2.25, followed by Hong Kong (3.53), Thailand (5.25) Taiwan...
More »Indian bureaucracy worst in Asia: survey
-The Indian Express Indian bureaucracy is the worst in Asia with a 9.21 rating out of 10, according to a report by a prestigious consulting firm based in Singapore. India fared worst than Vietnam (rated at 8.54), Indonesia (8.37), Philippines (7.57) and China (7.11), said the report released today by Hong Kong-based Political & Economic Risk Consultancy Ltd. Singapore remained the best with a rating of 2.25, followed by Hong Kong (3.53), Thailand...
More »Not a grain of sense
-The Business Standard The new Bill will set back the cause of food security - while wrecking central finances. The Food Security Bill cleared by the Union Cabinet for introduction in Parliament seems irrational and impractical by parts. It seeks to provide a statutory right to highly-subsidised food for 75 per cent of the rural population, with 46 per cent in the “priority” category, or below the poverty line (BPL); and to...
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