-The Times of India Food Corporation of India (FCI) has warned that unless the government can distribute 750 lakh tonnes of food grain, there will be no storage space for the bumper harvest being currently procured, the food ministry told Rajya Sabha on Monday. The crisis of plenty has been engaging the government for a while as it is under pressure to distribute food grain to the poor or intervene in some...

A probe panel of the road ministry has recommended a CBI investigation into allegations of fraud against private contractors involved in the Lucknow-Muzaffarpur highway project. The inquiry committee, instituted by the Ministry of Road Transport and Highways, supported findings of the World Bank Institutional Integrity Unit report, which alleged fraudulent practices and graft by private contractors involved in the Lucknow-Muzaffarpur highway project. The committee, formed in April by minister CP Joshi, recommended...

-The Times of India Get ready to pay more for fuels shortly. The hike is likely to kick in soon after Parliament's budget session ends on May 22. In a clear indication of the inevitable, Finance minister Pranab Mukherjee on Wednesday warned of "disastrous consequences" if "corrective steps" were not taken to deal with the problem of high oil prices and seemingly endless subsidy.  "Petroleum prices are increasing by leaps and bounds....

-The Economic Times The government is set to reintroduce the Lokpal Bill in the Rajya Sabha next Monday with two official amendments. The amendments include dropping the Lokayuktas chapter from the bill, resulting in change of its nomenclature to just 'Lokpal Bill', and simplifying the process for removal of chairperson and members of the Lokpal. The twin amendments to the Lokpal and Lokayuktas Bill, passed by the Lok Sabha last December, were...

A universal pension scheme for social protection must be part of a broader strategy of economic expansion different from the present neoliberal order. INDIA must be one of the worst countries in the world in terms of not providing even minimal social security for most of its people. This is not just a major failure of the development project in the country – it is also a significant cause of...