The experts group, chaired by chief of the Prime Minister's Economic Advisory Council C. Rangarajan, set up by Prime Minister Manmohan Singh to examine the recommendations of the National Advisory Council (NAC) on the proposed National Food Security Bill, will hold its first meeting here on Friday. Even as the NAC is formulating the draft Bill, the experts group will examine the proposals and come up with its suggestions. A meeting of...
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Experts group to study NAC proposals on food security Bill by Gargi Parsai
Led by C. Rangarajan, it has been appointed by Manmohan In a significant move, Prime Minister Manmohan Singh has formed an experts group chaired by the chief of Prime Minister's Economic Advisory Council, C. Rangarajan, to examine the recommendations of the Sonia Gandhi-headed National Advisory Council on the proposed food security Bill. The move surprised members of the council who met here on Friday to discuss the draft of the National Food...
More »Cheaper food keeps inflation down at 8.58%
Inflation declined marginally to a 10-month low of 8.58% in October, prompting policymakers to proclaim victory in their effort to cool prices, but economists remained sceptical saying the fight is far from over. The decline was mainly due a fall in food inflation to 14.13% from 15.71% in September and the base effect, or higher inflation of last year, data released on Monday showed. Finance Minister Pranab Mukherjee said the full impact...
More »Big concerns over small loans by Bindu Ananth and Nachiket Mor
Microfinance is an effective tool for financial inclusion. Here are some elements of the recently embattled sector The recent controversy surrounding the microfinance sector has entirely eclipsed the fact that it is the first effort in India to have delivered financial services to remote corners of the country in a self-sustaining manner. The stakes are high for India’s poor, and we have to pave the way for orderly growth in the...
More »Economist Arjun Sengupta cremated
The body of Arjun K. Sengupta, a developmental economist of repute and Rajya Sabha member from West Bengal, was cremated at the Lodhi Crematorium here on Monday. He was 73. Dr. Sengupta, who died on Sunday evening at the All-India Institute of Medical Sciences after a brief illness, is survived by his wife Jayshree and daughter Madhura. Born in Kolkata on June 10, 1937, Dr. Sengupta finished high school at the Mitra...
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