Prime Minister Manmohan Singh on Thursday approved the final draft food security bill. The bill, when passed, will provide cheaper foodgrain to 75% of the population, or 900 million Indians. This is much higher than what a PM-appointed panel recommended, but is lower than the 90% coverage sought by the Sonia Gandhi-led National Advisory Council (NAC). To cover 90% of the population under a food law, the Centre will have to...
More »SEARCH RESULT
Total Matching Records found : 5671
Hawk On His Perch by Lola Nayar
Vinod Rai’s searing honesty in his job as the country’s CAG has the government in many a bind CAG Catch 1 2G Spectrum, 2010 The CAG audit over a six-year period from 2003 finds loopholes in the implementation of norms, leading to DoT allocating spectrum at 2001 prices. Estimated loss to exchequer: the now-household figure of Rs 1.76 lakh crore. Outcome Former telecom minister A. Raja, MP Kanimozhi, telecom and...
More »The new land acquisition law must seek to reduce market distortions and segmentation by Bibek Debroy
Land is contentious. With urbanisation and demand for non-agricultural use, coupled with lack of employment and skills for those in small-holder and subsistence-level agriculture, this is understandable. In western Europe, especially in Britain, and more especially in England, land markets were freed up before the Industrial Revolution and access to education and skills became more broad-based. We haven't introduced reforms that enable people to move out of agriculture, or diversify...
More »From fig leaf to banana republic by Siddharth Varadarajan
Nobody sheds a tear when the police harass ordinary citizens. But with the rich and powerful under the corruption scanner, the Prime Minister now fears a police state. The Prime Minister and his advisors just don't get it. At a time when the public is looking for an end to the loot of public money, the last thing they want to hear from their government is a bunch of excuses and...
More »prices set for higher jumps by Gaurav Choudhury
The rise in food prices, with inflation at 9.06% in May, is more teary a problem than onions suggest. Macroeconomics managers, who safely steered the economy through the downturn, are perhaps grappling with the biggest economic crisis- persistently high food prices. Rising food inflation driven by costlier fruits and protein-based items such as milk, egg, meat and fish is putting policy makers in a spot of bother. prices are not under...
More »
