The Congress government in the state is indulging in tactics realising that it will default on the guarantees, the former chief minister said, suggesting that the Siddaramaiah regime put the money into the bank account of the beneficiaries through Direct Benefit Transfer, until it makes necessary arrangements for rice.
All ration card holders, who have an annual income of Rs 44,000 in rural and Rs 59,000 in urban areas respectively, will be eligible to avail the benefits of subsidised food as priority household beneficiaries through Fair Price Shops (FPS).
Initially, the scheme would be launched at Kollam in the next month, a release from the State Food Minister P Thilothaman's office said.
According to Ashwani Gujral of ashwanigujral.com, if the Budget is neutral that is there is nothing positive or negative, there could be a pullback rally just because the uncertainty is out of the way but the long-term would continue to be on the downside
The fund size of special projects for Bundelkhand has been increased from Rs 71.50 crore to Rs 200 crore and a proposal worth Rs 200 crore has been earmarked for making special arrangements for potable water, the chief minister, who holds the finance portfolio, said in his budget speech.
People want the GST Bill to pass as it would solve many problems but since the ruling NDA does not have majority in the Rajya Sabha, Congress is not allowing it to pass, the Union Food and Consumer Affairs Minister said during a programme at National Sugar Institute here.
Food Security Act ensures food to poor at very low price and Paswan claimed that under the scheme, the food grains are available at a price lower than the current prices offered to BPL families.
The deadline, which has already been extended twice for implementing the food law, was ending on April 4.
Jaitley said he would prefer to lower fiscal deficit by boosting revenues rather than cutting down on expenditure.
Support prices to farmers are being compared with the yardstick based on global grain prices in 1986-1988, which is patently inadequate today
According to the global Agreement on Agriculture (AoA), most developing nations are allowed a ‘de-minimis‘ subsidy of 10% of production. However, India has exceeded this level of subsidy.
Food minister KV Thomas today met his state colleagues and urged them to gear up for implementing the Food Security Act by sprucing up the public distribution channels.
4 years ago, in its 2009 election manifesto, the Congress party promised a Food Security Act along the lines of employment guarantee or NREGA.
The meeting called days after the government rushed through an ordinance on the key measure is an indication that the party is keen to pull out all the stops in propagating the food security scheme that will provide right to cheap food grains to 82 crore people.
India has been following the path of economic reforms over the last two decades but this has to be accompanied by inclusive growth.
The government today said it will reduce outgo on subsides from 2.6 percent of GDP in 2011-12 to 1.5 percent by the end of 12th Plan (2012-17) to contain the expenditure within a "pre-determined level of affordability".