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Delhi govt announces scheme to make city kerosene free

-PTI Aiming to make Delhi the first kerosene free city in the country, Delhi government today announced a scheme under which cash subsidy of Rs 2,000 will be provided to each of the about 1.75 lakh households for obtaining an LPG connection and purchase of a gas stove. The ambitious scheme was announced by Chief Minister Sheila Dikshit while presenting the annual budget for the year 2012-13. An amount of Rs...

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16-53% increase in kharif MSP by govt may stoke food inflation

-The Economic Times The government has increased the minimum support price (MSP) for the kharif season in a range of 16% to 53% to motivate farmers and compensate for higher input costs but the higher purchase prices could stoke food inflation further.  The Committee on Economic Affairs ( CCEA) on Thursday raised the MSP of paddy by Rs 170 per quintal and those of oilseeds like groundnut, sunflower seed and niger seed...

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NRHM financial wrongdoings reflect systemic irregularities-Vidya Krishnan

-Live Mint It turns out that some state officials were using NRHM to enrich themselves The National Rural Health Mission (NRHM) was launched seven years ago with the goal of improving healthcare delivery to people in villages, especially the poor, through a generous infusion of federal funds. Local authorities were given a relatively free hand in deciding how to spend the money, with the Centre promising funds with no strings attached for...

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In name of Dalits, a land racket in Nitish’s Bihar-Santosh Singh

Araria, Bihar: If the government had bought bicycles to give them to schoolgirls, you would have had a bicycle scam in Bihar, Chief Minister Nitish Kumar famously said, explaining why he gave bicycle vouchers to families. But when it came to giving land to landless Mahadalit families — the poorest and most marginalised of Dalits — the government forgot this wisdom.   Result: Allegedly acting in concert, government officials and brokers ganged...

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The political economy of petroleum prices-Vikram S Mehta

Desired outcomes can be reached through a series of ‘imperfect’ small initiatives What is to be done? How can we untie the Gordian knot that has so entangled the political economy of petroleum product prices? This is the question that now exercises our most experienced politicians and our ablest economists. Most well informed people know that a country that imports 80 per cent of its oil requirements cannot de-link itself from the...

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