-DNA Crashing economy, lower revenue generation and less then expected tax collection will show its impact on the upcoming budget. The biggest loser is going to be the rural development ministry, which is likely to see a decline in central assistance for its welfare schemes. Rural development has been the top priority of the UPA-2. However, grim economic growth has forced Finance minister P Chidambaram to cut the budget of the...

-The Economic Times Rural Development minister Jairam Ramesh has written to Prime Minister Manmohan Singh explaining the positive impact of the rural employment guarantee programme on agricultural production. The note is in response to persistent claims by Finance Minister P Chidambaram and Agriculture minister Sharad Pawar that the rural employment scheme has adversely affected agriculture. Stressing on the positive impact of the UPA's employment programme, Ramesh has suggested that the Prime...

-Reuters Food minister K V Thomas says the current cost of the food subsidy is Rs 1 lakh crore India needs a Rs 20,000 crore top-up for its proposed Food Security Bill, aimed at ensuring subsidised grain for the poor, Food Minister KV Thomas said on Thursday, even as the government is seeking deep spending cuts.   The bill will be introduced in the budget session of Parliament which begins on February 21. The...

-Live Mint The project is part of the country’s ambitious cash-transfer plan for selected welfare programmes Bangalore: Karnataka will start transferring cash directly to the bank accounts of the beneficiaries of India’s rural job guarantee scheme on a pilot basis in seven districts later this year, the state government said. This is part of the country’s ambitious cash-transfer plan for selected welfare programmes that the central government wants to eventually adopt across the...

-Business Today What does the proposed food security law mean for the government's Finances? Most days, around half a dozen middleaged men in Tamil Nadu's Nemam village head for a slushy pond. They are farm labourers who have had little work for the past few months because of a drought in their Tiruvarur district. As an alternative they catch fish, but the income from it is not enough to survive on. "But...