-The Economic Times NEW DELHI: Maharashtra has the highest per capita income, but when it comes to prosperity, Punjab tops the chart while Madhya Pradesh is at the very bottom. In terms of equity, Kerala pips Punjab to the top slot, while Andhra Pradesh has the highest levels of disparity, says a new study that ranks states based on pattern of ownership of consumer durables. The soon-to-be released report by ratings and...
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With the PDS gambit, Raman Singh hopes to checkmate Congress-Gargi Parsai
-The Hindu BJP Chief Minister Raman Singh is the face of the reformed public distribution system in Chhattisgarh and indeed, he is still banking on it for a third consecutive term despite the anti-incumbency factor against several MLAs and a few ministers in his council. In his recent vikas yatra, he showcased development and focussed on the path-breaking Public Distribution System (PDS) reforms that were dovetailed into the Chhattisgarh Food Security Act...
More »$15 bn rollover of subsidy costs into next budget?
-Reuters The finance minister is finding it harder and harder to meet the government's budget promises and may sweep as much as $15 billion in subsidy costs into next year's accounts to ensure he hits fiscal targets ahead of the Lok Sabha, ministry officials say. Finance minister, P Chidambaram, insists that the fiscal deficit target of 4.8% of GDP for the year to March 31, 2014, is a red line that will...
More »The WTO is destroying Indian farming -Devinder Sharma
-The Hindustan Times The double standards are clear. In 2012, the US provided $100 billion for domestic food aid, up from the $95 billion it spent on feeding its 67 million undernourished population in 2010 including spending on food coupons and other supplementary nutrition programmes. In India, the Food Bill is expected to cost $20 billion and will feed an estimated 850 million people. Against an average supply of 358kg/person of...
More »Food subsidy issues need to be addressed: WTO
-The Hindu Concern over procurement and distribution of subsidised foodgrains Asserting that India would soon be breaching its Aggregate Measurement of Support (AMS) commitments to WTO (World Trade Organization) due to its new food security programme, the newly-elected Director-General, Roberto Azevedo, on Monday, sought a positive solution to the issue before the Bali Ministerial to be held in December as some countries had expressed concern over the procurement and distribution of highly...
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