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Budget 2012: Farce of food subsidy being played out again-Nidhi Nath Srinivas

The UPA-II has used the Budget to again play politics with hunger. But it has paid no heed to the ticking time bomb of growing social tensions as 58 million Indians living off agriculture slide deeper into poverty. The Economic Survey says more than half the population is dependent on a sector whose share in the economy is shrinking. The urban-rural income divide is therefore steadily widening, a tinder box that...

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Govt acted against over 160 NGOs in last three years-Vishwa Mohan

-The Times of India Diversion of foreign contribution by NGOs is not limited to the 12 organizations whose cases were referred for probe recently. The muck, in fact, runs much deeper with official figures showing that the government has taken action against at least 160 voluntary bodies, including referring 24 cases to CBI and seven to different state police for investigation in the past three years. Besides, 70 NGOs have been prohibited...

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Food bill threat to fiscal discipline

-The Telegraph Annual expenses for the government’s food security programme have been estimated at Rs 112,205 crore, which will make it very difficult for the government to fulfill its commitments on checking fiscal deficit. Food and consumers affairs minister K.V. Thomas disclosed the massive bill on the programme today in the Rajya Sabha, though no mention of this was made in Friday’s budget. Finance minister Pranab Mukherjee had just said he would foot...

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Now, Planning Commission lowers the poverty line-K Balchand

The Planning Commission on Monday released the latest poverty estimates for the country showing a decline in the incidence of poverty by 7.3 per cent over the past five years and stating that anyone with a daily consumption expenditure of Rs. 28.35 and Rs. 22.42 in urban and rural areas respectively is above the poverty line. The new poverty estimates for 2011-12 will only add to the furore triggered by the...

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Food Bill implementation to entail Rs 1.12 lakh crore subsidy

-PTI Implementation of the National Food Security Bill will entail a subsidy of a whopping Rs 1.12 lakh crore, Food and Consumer Affairs Minister K V Thomas informed the Rajya Sabha today.  Food subsidy as per 1993-94 poverty line and 2000 population census is Rs 88,976 crore and as per the 2011 census it would be Rs 197,096 crore, he said during Question Hour.  Additional food subsidy burden for 2012-13 is estimated at...

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