-The Economic Times Farm sector has sought reforms in supply chain infrastructure, rationalisation of subsidies, decentralised handling of foodgrain, and higher resources to farm productivity and ensure food security. Presenting its pre-budget wish list to the Finance Minister Pranab Mukherjee, a delegation of farmers and sector experts said there was a need to boost investment in farm sector to tackle food inflation. Farm sector growth is likely to be 3-3.5% in 11th...
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Food security: Delivering the promise efficiently by Ashok Gulati, Jyoti Gujral & T Nanda Kumar
To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...
More »Setback to UID by Usha Ramanathan
The Parliamentary Standing Committee on Finance finds the UID project to be “conceptualised with no clarity” and “directionless”. THE Parliamentary Standing Committee on Finance has dealt a body blow to the Unique Identification (UID) project. The Unique Identification Authority of India (UIDAI) was set up under the Planning Commission by an executive order on January 28, 2009. The scheme involves the collection of demographic and biometric information to issue ID numbers to...
More »Open the shutters
-The Indian Express Even as the UPA’s effort to introduce 51 per cent FDI in multi-brand retail fell on its face, the proposal to allow 100 per cent FDI in single-brand retail is through. Just before the Finance minister goes to the US to speak to investors, this decision is something of a face saver. The department of industrial policy and promotion formally announced the decision, with the condition that in...
More »Govt may bring multiple covers under one policy by Vrishti Beniwal
Single-premium plan likely to be only for women initially; Centre, states to share premium for economically weaker sections. Customers may soon get health, insurance and pension covers, as well as a scholarship for their daughter’s school education under one policy. The single-premium policy, which the Finance ministry is considering, is likely to be available only for women in the first phase. The premium will be shared by the Centre and the state...
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