-The Business Standard Major subsidies extended by the government are likely to jump to Rs 1,34,411 crore during 2011-12 The Survey has warned of deteriorating fiscal health due to a mounting subsidy burden. The huge outgo over the past year has been largely on account of the global rally in crude oil prices, the fertiliser subsidy and state-controlled foodgrain prices, it said. It also blamed ‘coalition politics and federal considerations’ for holding...
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UN health agency unveils new data to help countries reduce deaths from tobacco use
-The United Nations Tobacco use is responsible for five million or 12 per cent of all deaths of adults above the age of 30 globally each year, according to a United Nations report unveiled today, that for the first time provides estimated mortality rates attributable to tobacco for 2004, the year before the international treaty on tobacco came into force. The Framework Convention on Tobacco Control (FCTC) that came into force in...
More »FM ushers in cash transfers of direct subsidies through UID by Surabhi Agarwal
Finance minister Pranab Mukherjee ushered in a regime of cash transfers for the payment of subsidies for food, fertilizers and kerosene, along with social welfare payments, by accepting the recommendations of a panel headed by Nandan Nilekani, chairman of the Unique Identification Authority of India. The recommendations, submitted last month, had prepared a blueprint for transferring cash directly into the bank accounts of the beneficiaries by linking these to their unique...
More »Government may move amendment to keep Lokayuktas out of legislation's ambit
-The Economic Times The Opposition, acting in sync with the Trinamool Congress, a component of the ruling UPA at the Centre, on Wednesday scored a victory in the Rajya Sabha when it got the government to commit itself to the passage of the Lokpal and Lokayukta Bill in the House in the "first half of the budget session itself.'' "We want to bring the Bill within this part of the session,'' parliamentary...
More »'RS to take up Lokpal Bill before March 30'
-The Hindustan Times Under fire from the opposition for the indefinite postponement of the Lokpal Bill, the government on Wednesday assured the Rajya Sabha that it will be taken up before March 30 during the ongoing budget session. In his reply to the notice given by the leader of the opposition Arun Jaitley, seeking immediate resumption of the debate on the bill, parliamentary affairs minister Pawan Kumar Bansal said it will be...
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