-IANS The food security bill, that seeks to legally entitle majority of India's population to cheaper foodgrains, is not sustainable as it would put further pressure on fiscal deficit and worsen inflation, an Asian Development Bank (ADB) official said on Tuesday. "While the purpose of ensuring food security to the poor is laudable, the food security bill is not the right mechanism for it," said Biswa Nath Bhattacharyay, lead professional, Asian Development...
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MPs want package for micro, small and medium enterprises
-PTI A strong demand was made in the Lok Sabha today for a package for the micro, small and medium enterprises, which are facing problem on account of the economic slowdown. Members from different parties made the demand while participating in a discussion on the Regulation of Factors (Assignment of Receivables) Bill, 2011. Shailendra Kumar (SP) demanded that Government should set up a special fund to help the MSME sector. Gorakhnath Pandey (BSP) said...
More »‘Blackmail’ twist in Raman Singh-channel war by Ashutosh Bhardwaj
It began as an expose: the story of how Chhattisgarh Chief Minister Raman Singh’s relatives allegedly received illegal mining contracts in Madhya Pradesh. Then, a tale of arm-twisting: government officials forced cable operators to pull out the news channel, Etv MP, that aired the story. Now, the story has a twist: Allegations of a failed “paid-news” deal. Officials claim that the channel carried the report—which Singh claims is baseless—after the government...
More »Union Cabinet clears Food Security Bill
-CNN-IBN The Union Cabinet on Sunday cleared Food Security Bill. The bill will now be tabled in Parliament. Earlier, around 30 activists staged a protest outside Prime Minister Manmohan Singh's residence in New Delhi on Sunday evening demanding immediate passage of Right to Food Bill. A senior police official said the activists were detained and taken to police station. The meeting was originally scheduled for Monday but advanced to Sunday evening, sources said. The...
More »Elders seek special session to discuss farmers' suicides by Gargi Parsai
Expressing concern over the agrarian crisis leading to farmers' suicides in the country, Rajya Sabha members on Thursday sought a special seven-day session to discuss the issue in depth. Initiating a short-duration discussion on the agrarian crisis, BJP leader M. Venkaiah Naidu sought the special session to discuss the situation and find solutions. Mr. Naidu said that while the economy was growing at 7-8 percent, the farm growth was only around...
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