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Last straw on the fisc back by Soumya Kanti Ghosh & Rajiv Kumar

The huge expenditure on the food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...

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“Food security Bill will ensure full supply of essentials”

-The Hindu Measures taken by the Rajasthan Government for ensuring food security to vulnerable sections were highlighted at a conference of Agriculture and Food Ministers of States in New Delhi on Wednesday. A special reference to the reforms planned in the Public Distribution System was made on the occasion. Addressing the conference, Rajasthan Food and Civil Supplies Minister Parsadilal Meena said his department would shortly start distribution of kerosene to below poverty line...

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Elusive jobs by TK Rajalakshmi

It is getting harder for jobseekers to return to gainful employment and for new entrants to find adequate jobs, says the ILO. THERE is little in the International Labour Organisation's (ILO) annual projection of job growth to cheer about. The year 2012 has been described as a year of stark reality. A third of the global workforce is currently unemployed or poor; that is, 200 million members of the 3.3-billion-strong global...

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Cave-ins under rights panel lens

-The Telegraph   A routine road trip from Ranchi to Dhanbad was enough for an aghast senior functionary of National Human Rights Commission (NHRC) to pull up Jharkhand for illegal mining and exploitation of tribals at the hands of the coal mafia. A source told The Telegraph that NHRC secretary-general Rajiv Sharma had visited the state in January. “On a drive from Ranchi to Dhanbad, he saw tribal children pushing coal-laden cycles uphill. It...

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Food subsidy bill may not go up much: Thomas by Sandip Das

The 2012-13 Budget may not have to provide as big a jump in the food subsidy bill as expected earlier. This is because of a series of measures initiated by the government to cut wastage and improve efficiency, food minister KV Thomas has said. The measures that would bring down the need for funds include the Targeted Public Distribution System (TPDS) and the setting up of modern grain storage facilities, which...

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