If the combined Opposition had sat down for weeks so as to find an issue to embarrass the UPA Government and make it a laughing stock before the whole country, they could not have thought of a better issue than the free gift presented to it by the UPA Government by initially insisting that it had irrevocably decided to allow the entry of multi-brand retail leader superstores like Walmart, USA...
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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...
More »Climate change: India's informal economy neglected
-PTI Experts from the University of Oxford and Indian researchers are looking into the impact of climate change policies on India's informal economy, and to diagnose ways of reducing CO2 emissions and improving jobs. By and large the global response to climate change has ignored informal economies and yet the larger part of India's economy and almost all its jobs are informal and not directly affected by government policy, a university release...
More »Boost investment to tackle price rise: Farmers tell FM
-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...
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...
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