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...

-The Hindu Business Line The Tamil Nadu Government has urged the Centre to expedite financial assistance for its Rs 700 crore scheme to computerise the PDS with a view to increase efficiencies of operation. It also pleaded with the Centre to exempt the State from the purview of the proposed Food security law and reconsider its decision to implement the Targetted Public Distribution System. According to a copy of the speech by the...

The government has asked states including Uttar Pradesh, West Bengal, Gujarat, Rajasthan and Bihar to set up grain procuring infrastructure to increase lifting from the farmers so that requirement for the proposed food security law could be met. The Food Corporation of India, chairman and managing director, Siraj Hussain said state-level procuring agencies can help in arranging sufficient credit facilities for carrying out grain purchase activities without depending on the Central...

The government is looking to track all mobile phone users. As per amendments made to operators’ licences, beginning May 31, operators would have to provide the Department of Telecommunications real-time details of users’ locations in latitudes and longitudes. Documents obtained by The Indian Express show that details shall initially be provided for mobile numbers specified by the government. Within three years, service providers will have to provide information on locations of all...

-PTI   Reflecting the utmost priority to address farm sector woes, a first-of-its-kind workshop was held on Wednesday at the initiative of President Pratibha Patil where Prime Minister Manmohan Singh pitched for raising agriculture output to provide food security to citizens.  At the workshop attended by eight Union ministers, 20 governors, five chief ministers and 37 vice chancellors of agricultural universities, Patil underlined the need for "out-of-the-box" solutions to enhance productivity in rainfed...