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The government has said that paying service charge on food bill is not compulsory and customers can choose to have it waived if not satisfied with the experience. In an interview to CNBC-TV18, Anjan Chatterjee, Founder & MD of Speciality Restaurants shared his views on this particular directive from the government.
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Service charge on a food bill is not compulsory and a customer can choose to have it waived if not satisfied with the experience, the government said today.
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While the UPA-I was marred by charges of corruption and scams, it did deliver on certain promises like bringing into force the Right to Information Act, or RTI, and the National Rural Employment Guarantee Act, or NREGA, Bharat Nirman programme, National Rural Health Mission, Sarva Shiksha Abhiyaan and the mid-day meal scheme.
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Chidambaram will seek parliament approval for expenditure for the first quarter of FY15 on February 17, his vote on account will also project revenues and expenditure for the entire year.
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Food minister KV Thomas said that the Food Bill was in the right direction to reduce leakages and modernise the distribution system. It has become a legal entitlement now, he told CNBC-TV18.
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Emkay Commodity Research has come out with its special report on Crude oil. The research firm has recommended to buy the oil around USD 110-109.5 with a stoploss of USD 105, as it it to move up further till USD 116.5
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Food Bill may be a vote catcher, but it does not augur well for investors, says Nirmal Jain, chairman, IIFL.
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The legislation was passed after a day-long debate during which Congress President Sonia Gandhi, during her maiden speech in the 15th Lok Sabha, said, "Our goal for the foreseeable future must be to wipe out hunger and mal-nutrition from our country."
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The Congress President had taken medicines to treat a cold but then complained of chest uneasiness. She left Parliament without waiting for voting on the Food Security Bill and was rushed to AIIMS.
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United Progressive Alliance (UPA) chairperson Sonia Gandhi on Monday asked all political parties to set aside differences and support the Food Security Bill.
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As a part of discussions on the Parliament‘s agenda, finance ministry is hopeful of getting a nod for the same on Tuesday, reports CNBC-TV18‘s Aakansha Sethi.
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The bill seeks to give nation's three-fourth population the right to get 5 kg of foodgrains every month at highly subsidised rates of Rs 1-3 per kg.
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Standing outside parliament, Prime Minister Manmohan Singh appealed to opposition parties to allow the legislature to function without disruption so that it could pass key bills.
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A bench comprising justices T S Thakur and Vikramajit Sen declined to hear the PIL and asked the petitioner to approach the high court for redressal of his grievances.
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A Ficci report says allocating food through public distribution system is plagued with inefficiencies and ensuring efficiency in the delivery system is required.
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Appropriate implementation of the Food Security Bill will be the key to United Progressive Alliance image in upcoming polls in 2014.
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The Cabinet, which had on last month deferred a decision on the issue, today approved promulgating an ordinance to implement the Food Security Bill, sources said.
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Food Minister KV Thomas also hinted at the possibilty of a special Parliament session being called. "We heard from all political parties that they want a special session. A special session can be called soon," said Food Minister KV Thomas.
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Sanjay Mathur, Head of Economics Research, Asia Pacific ex-Japan, RBS believes that fiscal policy has now dissociated from electoral cycles, and the government could achieve its fiscal target despite elections and Food Bill looming on head.
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There are deep divisions within the ruling Congress party and its allies over how to ratify the plan. Many lawmakers oppose using an executive order and want the measure passed in parliament.
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KV Thomas told CNBC-TV18 that the Food Bill mechanism will not be a problem for the beneficiary due to improved PDS and the introduction of Aadhaar.
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The Law Ministry has cautioned that without proper mechanism in place to distribute food grains Food Bill should not be passed.
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Notwithstanding government's failure to get the ambitious Food Security Bill passed in the Budget session, Prime Minister Manmohan Singh today said UPA is committed to make this law after considering "all opinions."
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Himanshu, professor of economics, JNU and Siddhartha Sanyal of Barclays Capital agree that the government must release grain to loewr prices and the bridge fiscal deficit on growth not hikes in diesel prices.
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The Food Security Bill is likely to be introduced in the Budget session. The Food Bill burden is expected to be at Rs 1.20 lakh crore, reports CNBC-TV18's Aakansha Sethi quoting finance ministry sources.
