-Frontline The Congress-led UPA seems to be betting heavily on the cash transfer scheme as a means to return to power in the next general elections. DECEMBER 2012 may go down in history as the month when the Congress party created its own “India Shining” moment: the moment when it started believing its own hype, and even deluded itself into thinking that its perception was so widely shared that it could provide...
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2012: Drought Spoils Farm Sector's Dream Run -Laxmi Devi and Manvendra Jha
-Outlook The agriculture sector witnessed record foodgrains output of 257.44 million tonnes in this year enabling the country to become world's largest rice exporter for the first time, but the monsoon played spoilsport dashing farmers' hopes of an encore in 2013. A hefty increase of Rs 1 lakh crore in farm credit target to Rs 5.75 lakh crore was a major highlight for the sector in 2012, while the continuing farmers suicide...
More »Of FDI, Wal-Mart & controversies: An eventful year for retail
-PTI The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament. Even before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues, including spending money in the US on lobbying for entry into India. Adding action to the drama was Swedish furniture chain IKEA's hectic bargaining with the government over...
More »Chhattisgarh Assembly Passes Food Security Bill
-Outlook Raipur: Chhattisgarh Legislative Assembly today passed the Food Security Bill aimed at providing food and nutritional security to around 50 lakh families in the state. Chief Minister Raman Singh told the House that the provisions of the bill ensured that adequate quantity of quality food will be available at affordable prices to nearly 50 lakh families. The new provisions will add a burden of Rs 2,311 crore on the state exchequer. Hailing Chhattisgarh...
More »Chhattisgarh Food Security Act: summary and full text
-Right to Food Campaign Chhattisgarh upstaged the Centre yesterday by enacting the Chhattisgarh Food Security Act (CFSA), an improved version of the "national food security bill" that has been languishing in Parliament for more than a year. Under the CFSA, about 90% of the population of Chhattisgarh will have PDS entitlements, mostly under the Priority and Antyodaya categories, entitled to 35 kgs of foodgrains per month at a token price...
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