The controversial targeted National Food Security Bill, which got the nod of the Union Cabinet on Sunday, is a pet project of United Progressive Alliance chairperson Sonia Gandhi. However, the recommendation made for near-universalisation by the National Advisory Council chaired by Ms. Gandhi, was set aside by the government. To be piloted by Minister of State (Independent) for Food and Public Distribution K.V. Thomas, the Bill will be introduced in the...

The proposed food security Bill may cost Rs 2 lakh crore annually for the Government. The Cabinet is expected to reconsider this Bill on Monday. The Government aims to introduce this Bill in the ongoing session of Parliament. Earlier the annual cost was estimated at Rs 1-1.5 lakh crore, but a latest calculation by the Commission for Agriculture Costs and Prices (CACP) could show a higher outgo. The Finance Ministry allocated...

-Times Now TV   It is allies versus the Congress over the draft Food Security Bill. Sources have told TIMES NOW that Union Agriculture Minister Sharad Pawar has expressed his reservations over the Food Bill over its huge financial implications on the Government as it proposes to increase food subsidy by over 30,000 crore on a Government already under massive financial stress and over the need for greater food grain procurement to...

It is clearly the absence of political will rather than a paucity of ideas that is responsible for the country's agrarian crisis. EXACTLY seven years ago this month, the Commission on Farmers' Welfare, appointed by the government of Andhra Pradesh, submitted its report to the then Chief Minister, Y.S. Rajasekhara Reddy. His Congress government assumed office earlier that year replacing the Telegu Desam Party regime led by N. Chandrababu Naidu, which...

Global experience in retail trading by MNCs does not tally with the presumptions on which the UPA government's FDI policy is based. IN the course of the debate on the need to permit foreign direct investment in retail in India, two arguments have been advanced often. The first argument is that large organised retail is good for not just consumers, who would benefit from lower prices owing to cost efficiencies...