The common man, whose concerns were at the heart of the Congress-led United Progressive Alliance’s two successful election campaigns, doesn’t seem to be the focus of finance minister Pranab Mukherjee’s budget. Experts and political analysts say the aam admi doesn’t appear to be the dominant concern anymore, prompting speculation about Congress party chief Sonia Gandhi’s role. She has thus far been setting the UPA’s social agenda through the National Advisory Council...
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Agri survey bats for pvt participation
-The Business Standard The first agriculture survey, tabled in Parliament on Monday, called for more private participation to boost farm sector investments, rather than heavy doses of subsidies. “There is always a trade-off between allocating money through subsidies or by increasing investments. The investment option is much better than subsidies for sustaining long-term growth in agricultural production and also to reduce poverty faster,” said the survey, State of Indian Agriculture 2011-2012. It...
More »Budget 2012: Introduce VAT on farm produce, says government report
-PTI With agriculture share in GDP halving to 15 per cent in the last two decades, a government report card today called for major reforms, from marketing to investment, and new technologies for accelerating farm growth. The report on 'State of Indian Agriculture 2011-12', tabled in the Lok Sabha said, "Achieving an 8-9 per cent rate of growth in overall gross domestic produce (GDP) may not deliver much in terms of poverty...
More »Petrol consumption may decelerate in FY12 by Amrit Raj
The growth rate of petrol consumption is set to fall below 5% in the current fiscal, the first time in five years. Meanwhile, the consumption of diesel continues to grow at 7%, adding to the losses of the oil marketing companies on account of subsidies. In India, diesel is subsidized while petrol is not, and the price difference has led to more buyers opting for vehicles driven by the cheaper fuel. According...
More »Institutes refuse RTI replies till CIC reminds govt aid-Rajni Shaleen Chopra
In a spate of recent cases in Punjab, information seekers are being turned away by public institutions on the ground that they are not covered under the RTI Act, and are not obliged to share information about their functioning. This despite the fact that almost all these institutions have received financial aid from the state government. In nearly all such cases, the information seekers had to knock the doors of Information...
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