-Live Mint The national food security law is in trouble from an unlikely source The outcome of the World Trade Organization (WTO) summit at Bali has been projected as a great victory for the Indian government by its spokespersons. Nothing could be farther from the truth. In exchange for a temporary reprieve on its food support programme, India has bartered away the bargaining chip of trade facilitation, which Western negotiators demanded. The...
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India should stand its ground at Bali -Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
-Live Mint Our food procurement policies may be lopsided but there is no link between the food security law and free trade The upcoming World Trade Organization (WTO) summit in Bali has attracted considerable attention in India because of its repercussions on our food policy. It is feared that the recently passed food security law will breach the negotiated limits on the aggregate measure of support (AMS) to farmers. AMS is...
More »Digitization seen reducing food theft in India’s PDS system- Kartikay Mehrotra
-Live Mint In the past year, ration cards are being replaced with smartcards that can track food doled out through the PDS system New Delhi: Mohanlal Kapoor, a street vendor in north India, holds a card entitling him to subsidized food for his wife and four children. To get supplies, the Kapoors must battle an estimated 15 million families in their state toting similar pieces of paper that they're not entitled...
More »Parikh panel wants diesel price hiked by Rs. 5
-The Hindu Recommends six subsidised LPG cylinders per household in a year The Government-appointed Kirit Parikh Committee has recommended a price increase of Rs. 5 per litre in diesel, Rs. 4 per litre in kerosene, and Rs. 250 in LPG cylinder with immediate effect. It has also recommended that the subsidised LPG cylinders be reduced from the present nine to six cylinders per annum to each household. It has pitched for capping the...
More »$15 bn rollover of subsidy costs into next budget?
-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...
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