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LPG subsidy reaching the poor is less

-The Hindu The Economic Survey has said that the proportion of liquefied petroleum gas (LPG) subsidies that goes to the poor, in both rural and urban areas, was low. This finding is bound to provide fuel to the debate on whether the rich should continue to be supplied cooking gas at subsidised rate. Making a case for containing subsidies through better targeting, the Survey said the reach of subsidies on LPG “is...

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Demand for Internet and mobile services rising due to lower prices – UN report

-The United Nations There will soon be as many mobile cellular subscriptions as the 7 billion people inhabiting the planet, according to figures released today by the United Nations, which show that strong sustained demand for information and communication technology services is being encouraged by falling prices for broadband Internet. “The World in 2013: ICT Facts and Figures,” produced by the UN International Telecommunication Union (ITU), also shows that despite a positive...

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Erring Delhi schools told to admit poor students

-The Hindustan Times Schools in the Capital that have so far avoided giving admission to students under the economically weaker section (EWS) category will no longer be able to do so. On Tuesday, a circular issued by the Delhi directorate of education (DOE) made it clear that 410 schools that took land from the Delhi Development Authority on concessional rates will have to admit 15% EWS students with immediate effect. The schools...

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Deciding who gets to eat -Brinda Karat

-The Hindu By allowing futures trade in food and diversion of farm land for commercial purposes, the UPA government is fuelling the price rise International agencies are warning of high food prices on a global scale in 2013 if urgent action is not taken. But our government shows little concern. The President’s address to Parliament had only a cursory mention of inflation. “Inflation is easing gradually, but is still a problem,” he...

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CAG discovers Rs 1,336 crore gap in EPFO books-Vikas Dhoot

-The Economic Times The country's chief auditor has uncovered a Rs 1,336-crore negative balance in the books of the Empoyees' Provident Fund Organisation (EPFO), the custodian of Rs 8.15 crore formal sector workers' lifetime savings. A report, prepared by the Comptroller and Auditor General (CAG) and reviewed by ET, says this discrepancy in the EPFO's books for 2011-12 could grow further. For beneficiaries, this could mean lower returns on provident fund savings...

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