If Planning Commission deputy chairman Montek Singh Ahluwalia’s indication that 35 kg of foodgrain a family and the Tendulkar committee estimate of 8.3 crore BPL households could be the basis of the national food security Act, then the government’s bill adds up to a staggering Rs 63,750 crore a year. At 25 kg a BPL family, it is slightly less at Rs 54,200 crore, which is roughly the food subsidy...
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Plan panel rejects hike in MPLAD funds by Mahendra Kumar Singh
In a major setback for parliamentarians expecting a steep hike in their local area development fund, Planning Commission has rejected the proposal to enhance MPLAD funds to Rs 5 crore from Rs 2 crore. The proposal, supported by MPs cutting across party line, was moved by ministry of statistics and programme implementation (MoSPI) which is handling the MPLAD scheme. After taking over as minister, Sri Prakash Jaiswal had accused the...
More »New food scheme based on Tendulkar report likely
A“reworked and realistic” food guarantee scheme is on the anvil. The Suresh Tendulkar panel report is likely to form the basis for poverty estimation required for this. A hint to this effect came during a meeting of the core group of chief ministers on price rise chaired by Prime Minister Manmohan Singh here on Thursday. The government has been under pressure from state governments to make a fresh BPL assessment....
More »Food subsidy bill to rise by Rs 6,000 crore: Montek
Montek Singh Ahluwalia on Monday told NDTV that the food subsidy bill is set to rise by Rs 6,000 crore due to an upward revision in the number of families living below poverty line. Montek said that the plan panel would revise BPL count up from 6.5 crore to 7.4 crore families. The fresh estimate could be based on Suresh Tendulkar's poverty formula, he added. Earlier, the government said that it needs...
More »About 100 crorepatis in Rajya Sabha; Rahul Bajaj richest
About 100 Rajya Sabha members have declared their assets worth more than Rs1 crore with independent Parliamentarian from Maharashtra Rahul Bajaj being the richest. According to an analysis by an NGO, renowned industrialist Bajaj has declared his movable and immovable assets worth over Rs300 crore followed by Janta Dal (Secular) MP M A M Ramaswamy (Karnataka) and T Subramani Reddy of Congress (Andhra Pradesh) who have declared assets of more than...
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