Plans are afoot to cap the number of subsidised LPG cylinders at six to eight per annum to reduce the losses of state-run oil firms and bring down the burgeoning subsidy bill. Oil ministry officials said consumers might have to pay more for every additional cylinder, and the amount would be gradually linked to market rates. Sources said the Finance ministry had asked the oil ministry to revisit its proposal made last...

IRONY RUNS its play every year in India as food grains rot in godowns while 23 crore people go hungry every day. GOI Monitor talks to food and trade policy analyst Devinder Sharma on the issues stalking agriculture and public distribution    One of the reasons for surplus food not reaching the needy is that states are not picking up the grain. Why is this happening? Food grain procurement and distribution is...

-PTI Reflecting the concerns of India, the Rio+20 summit has said that developing countries needed additional resources for sustainable development and that unwarranted conditionalities on Official Development Assistance (ODA) and Finance should be avoided. “We reaffirm that developing countries need additional resources for sustainable development,” said the 55-page declaration adopted at the end of the Rio+20 summit officially called “United Nations Conference on Sustainable Development”. Prime Minister Manmohan Singh, in his address at...

-The Hindu The outcome document or the Rio+20 text — adopted after an informal and protracted debate by 191 member-nations, — took shape on the basis of consensus for its adaptation on Friday, even as the leading spirits behind the document conceded that it was a “compromise.” Yet the much fought-over document, ‘Future we want,’ carries hope for the humanity and an assurance not to go back on the principles agreed upon...

By repeatedly decrying the CAG and trying to malign the person occupying that Constitutional office, the UPA government is weakening an important pillar of democracy and lowering its own credibility Admitting that there is a great deal of uncertainty and a perception of policy paralysis in the government these days, a senior Cabinet colleague of the prime minister recently observed that it was being created by the activities of (Comptroller and...