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Union Budget 2013: Food Bill a promise of the UPA government, says Chidambaram

-NDTV Finance Minister P. Chidambaram has earmarked Rs. 10,000 crore as incremental cost to implement the Food Security Bill, which he described as a promise of the UPA government. A centrepiece of the ruling government's campaign in 2009, the Bill was cleared last month by a parliamentary committee. The Bill says 75 per cent of the rural population and 50 per cent of the poor in urban India - about 800 million people...

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Economic Survey 2012-13 highlights

-IANS Highlights of the Economic Survey 2012-13 tabled in parliament by Finance Minister P. Chidambaram Wednesday. * GDP growth to remain between 6.1 percent to 6.7 percent in 2013-14 * WPI inflation to moderate in the range of 6.2 percent to 6.6 percent * Economy estimated to grow at 5 percent in 2012-13 after growing by 6.2 percent in previous year * Poor show of services sector contributed significantly to slowdown * Global as well as...

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Aadhaar numbers sought

-Deccan Herald Bangalore: The Employees’ Provident Fund Organisation has requested the employers to furnish the Aadhaar numbers of their existing PF subscribers to embed the information in the bank accounts of beneficiaries.   The schemes of the EPFO involving transfer of benefits to beneficiaries have been identified for implementation of direct cash transfers from January 1, 2013. The Organisation has asked the employers to maintain the information in excel format till the...

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Direct Cash Transfer scheme to cover entire country, leakages to be plugged

-PTI Nearly 11 lakh poor people have benefitted from the Direct Benefit Transfer Scheme, which began on January 1, 2013 and will be rolled out throughout the country, Finance Minister P Chidambaram said during his Budget speech in the Lok Sabha. He said the "Aapka paisa aapke haath" concept has brought happiness to the poor who have received the benefits directly into their bank accounts. He said the government was determined to...

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Demand for Internet and mobile services rising due to lower prices – UN report

-The United Nations There will soon be as many mobile cellular subscriptions as the 7 billion people inhabiting the planet, according to figures released today by the United Nations, which show that strong sustained demand for information and communication technology services is being encouraged by falling prices for broadband Internet. “The World in 2013: ICT Facts and Figures,” produced by the UN International Telecommunication Union (ITU), also shows that despite a positive...

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