-The Hindu The currencies of India, Indonesia, Brazil, South Africa and Turkey have fallen quite dramatically against the dollar in the past few months. Whatever their domestic weaknesses, the reasons for this unprecedented decline - ranging between 13 to 21 per cent - are primarily global. In the past 48 hours, as tension mounts in West Asia, an already unprecedented situation has become even more difficult. On Wednesday, the rupee, as...
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Amendment to National Food Security Bill gets CCEA approval
-The Economic Times NEW DELHI: The Cabinet Committee on Economic Affairs on Thursday cleared an amendment to National Food Security Ordinance, Food Minister K V Thomas said. The move would raise grain allocation to many states under the new food security law, increasing the subsidy burden by Rs 5,094 crore. "The cabinet has agreed to the demand of 18 states, including Kerala, Tamil Nadu, Assam Andhra Pradesh, for additional allocation of food...
More »Newly introduced provision in Food Security Bill to cost additional burden of rs 1000 crore: Tamil Nadu Govt-TE Narasimhan
-The Business Standard Chief Minister J Jayalalithaa in a letter to the Prime Minister said "the newly introduced proviso leaves the fixation of the issue price to the discretion of the Central Government. Chennai: The Tamil Nadu government today said that the newly introduced proviso leaves in the Food Security Bill for the fixation of the issue price to the discretion of the Central Government would lead to an additional burden...
More »Debate and pass the Food Bill
-The Hindu The National Food Security Bill (NFSB) has been derailed yet again in the past few days due to continuous disruptions of Parliament. The Congress Party made an ill-advised attempt to pass the Bill on August 20, Rajiv Gandhi's birth anniversary. Sure enough, the opposition parties went out of their way to scuttle this move and fell over each other to disrupt the Lok Sabha that day. This is only...
More »Cash transfers, contractors out -Nitin Sethi
-The Hindu Acting on Sonia's recommendations, government to bring in key official amendments to Food Security Bill The government has decided to bring in key amendments to the National Food Security Bill, removing provisions for cash transfer and role of contractors and manufacturers in the Integrated Child Development Scheme (ICDS). The decision, which came on the recommendation of UPA chairperson Sonia Gandhi, found support from the Opposition. The move comes even as the...
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