Food Security Bill

Ratings agency Moody's says that it maintains a stable outlook for India. Though Moody's is concerned about the government's populist measures, it does not think that these policies warrant a downgrade yet.

Chidu, Pranab have left a debt time-bomb for next govt

While debt redemptions in 2013-14 are very low (below Rs 500 billion, or Rs 50,000 crore), from 2014-15 onwards the redemption rates shoot up Rs 1,50,000-Rs 2,50,000 crore annually over the coming five years.

India under pressure to dilute stance on food subsidies

The WTO is hoping to impose some curbs on food grains procurement and subsidies, which will hamper the rollout of the UPA's ambitious Food Security Bill. India has firmly come out against the WTO draft.

Congress steadily destroying slow Indian economy further

What is not so well known is that the Congress is steadily destroying what's left of a slowing economy by executive actions - actions that will lob time-bombs in the next government''s lap even before it has a chance to settle down.

Analysis: How will Chhattisgarh poll impact BJP, Congress?

With one more phase scheduled for 19 November and results due only on 8 December, it will be a long wait before we know the mind of the Chhattisgarh voter, but whatever it is, it will have implications for 2014.

Ruchir Sharma analyses India's centre-states equation

India's recent economic failures are the result of the breakdown in accountability at the Centre, says Ruchir Sharma. But mass-based leaders in states are faring much better

FIIs snap 11-day selling streak in Indian shares

Overseas investors, who have been net buyers of Indian shares so far in 2013, have sold the same in each of last 3 months weighed by a record low rupee.

Opening Bell: Cues that may drive Nifty today

The Sensex was up 266.41 points to close at 18886.13, and the Nifty gained 78.95 points at 5550.75 while BSE Midcap and Smallcap indices rose 1-1.4 percent on Monday.

Land and Food Bills will change face of the country: Jairam

The land acquisition and food security Bills introduced recently by UPA government will change the face of the country, Union Minister for Rural Development, Jairam Ramesh, said here today.

Was PM's speech more politics than economics? Experts react

Rajdeep Sardesai believes the Prime Minister's speech today made him (PM) realise that his personal reputation is at stake and for self-preservation, he needed to strike out.

UPA's Land Bill: More problems, few solutions, say experts

The Land Acquisition Bill, which seeks to provide just and fair compensation to farmers while ensuring that no land can be acquired forcibly, was passed by the Lok Sabha on Thursday.

Food Bill will push govt spending to 1.3% of GDP: Moody‘s

In an interview to CNBC-TV18, Atsi Sheth of Moody's Investor Service spoke about her expectation from the food bill and also spoke about the market in general

Diesel price hike likely to contribute Rs 30,000 cr in FY14

According to CNBC-TV18‘s Aakansha Sethi, the additional petroleum subsidy is likely at Rs 30,000 crore in FY14. Diesel price hikes will contribute Rs 30,000 crore in FY14 and this diesel price hike is likely after the Parliament's session and the food and petroleum subsidy can be financed by cuts in expenditure which is also a very critical line.

Hind Zinc, Balco stake sale may ease govt's fiscal burden

Accoding to sources in the finance ministry, there is enough leeway in the Budget to manage the Rs 40,000-50,000 crore fiscal deficit stress. The government may fetch Rs 25,000 crore from Hindustan Zinc, Bharat Aluminium Company (BALCO) stake sale instead of Rs 14,000 crore.

Sonia's food bill will bring pain, bankruptcy… and reform

It is difficult to see Sonia Gandhi as a key player in pushing reforms, but the chain of dangerously high expenditures set off by her Food Bill will leave her with no other option. We will see costs rising, growth slowing further, serious job losses, and belt-tightening on all fronts.

Mkt won't fall much till expiry; more pain for Re: Religare

There will be a lot of cash buying in the last two days of the series, but come Friday, immediately after the expiry, the market will see weakness. Gautam Trivedi says rupee will continue to remain volatile, which will lead to foreign as well as domestic investors not pumping in more money into the system.

CAD issue rupee related, Food Bill not a worry: BNP Paribas

Manoj Rane, managing director and fixed income & treasury-India, BNP Paribas believes the woes on the current account deficit (CAD) are more currency specific now.

Lok Sabha passes Sonia Gandhi's ambitious Food Bill

Despite opposition and criticism, the ambitious Food Security Bill was adopted by the House through a voice vote after the combined discussion on the measure and a statutory resolution seeking to disapprove the ordinance promulgated on July 5. Over 300 amendments moved by the Opposition were rejected.

Sonia Gandhi admitted to AIIMS for check-up

Congress President Sonia Gandhi on Monday admitted to All India Institute of Medical Sciences for a check-up in New Delhi. She along with her son and party Vice President Rahul left Lok Sabha while the voting for the Food Security Bill was underway on various amendments by the Opposition.

Food Security Bill is not anti-farmer: MS Swaminathan

In an interview to CNBC-TV18, MS Swaminathan, Founder and Chairman, MS Swaminathan Research Foundation spoke about the Food Security Bill.

Lok Sabha votes on Food Security Bill

Sonia and Rahul Gandhi leave Parliament while voting was on on amendments to the Food Security Bill. Earlier, Food Minister KV Thomas said that for the bill to be successful, both the central and the state governments need to work together.

Food grain supplies to states not to be reduced: Thomas

Food Minister KV Thomas assured the Lok Sabha that the off-take of grains of states in India will be completely protected. He said while speaking on concerns that the bill would reduce food grain supplies.

Food Security Bill likely to be taken up in Lok Sabha today

However, the Bill might be headed for another roadblock after Tamil Nadu Chief Minister Jayalalithaa said that the AIADMK will vote against it.

Food Bill, NREGS crazy notions in current times: Jim Walker

India really need is a sensible, responsible fiscal policy to shore up government finances and economies, inflation rate in the economy to cool down, says Jim Walker of Asianomics.

Sonia Gandhi rolls out food security scheme in Delhi

Congress President Sonia Gandhi rolled out UPA's flagship Food Security Scheme in Delhi on Tuesday. Starting with the national capital, the Food Security Scheme will come into force in all Congress-ruled states from Tuesday.