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India shakes up WTO -Latha Jishnu

-Down to Earth The fracas over India's refusal to meet the deadline on trade facilitation exposes rich nations' double standards NOTHING HAS exposed the double standards at the World Trade Organisation (WTO) than the current uproar over the implementation of two agreements at the global trade policing organisation. One, termed Public Stockholding for Food Security Purposes, protects the food security concerns of millions of the poor and the livelihood of millions of...

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Finance Minister Relaunches the Varishtha Pension Bima Yojana (VPBY)

-Press Information Bureau/ Ministry of Finance The Union Finance Minister Shri Arun Jaitley said that Varishtha Pension Bima Yojana (VPBY) will benefit the vulnerable section of society with limited resources as it will provide monthly pension ranging from Rs 500/ to Rs 5,000/ per month to senior citizens of the country. The Union Finance Minister Shri Arun Jaitley was speaking after re-launching the Varishtha Pension Bima Yojana (VPBY) here today on...

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CAG seeks RTI powers to access govt records -Pradeep Thakur

-The Times of India NEW DELHI: The Comptroller and Auditor General (CAG) wants the Narendra Modi government to give it Right to Information (RTI) powers as it has been facing problems in obtaining details relevant to its audits of government Finances and decision making. CAG Shashi Kant Sharma has written a letter to Finance minister Arun Jaitley demanding that the national auditor should be given RTI powers to access information and a...

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A welcome end

-The Business Standard What must replace the Planning Commission An announcement of note in Prime Minister Narendra Modi's Independence Day speech from the ramparts of Red Fort was the much-anticipated end of the Planning Commission. A full 23 years after India ushered in reforms that reduced emphasis on central planning, the crucially important organisation of the statist era will finally be dismantled. Both as signalling and as policy, this needs to be...

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Potato pain: Government forms study panel, to keep buffer stock

-The Times of India BHUBANESWAR: Even as Odisha continued to feel the potato heat because of the West Bengal government's undeclared restrictions on inter-state transportation of the tuber, the state government on Wednesday formed a taskforce to chalk out a long-term strategy to deal with the issue. The panel, headed by agriculture secretary, will submit an action plan focussing on production, preservation and distribution of potato within a month, food supplies and...

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