Budgeting for agriculture and food
The Union Budget 2023-24 was presented against the backdrop of some critical geopolitical developments and was the last full budget before the next general elections. Signicantly, 2023 is also the year
Budget
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Right to Food Campaign demands comprehensive food security Act
Protesting against the Centre’s proposal to extend the cash transfer scheme to the Public Distribution System, the Right to Food Campaign on Saturday demanded that the government bring in a comprehensive national food security Act that provides for universal PDS. Ensuring nutrition through various measures should be the focus of the Bill. The Bill is under consideration of the Parliamentary Standing Committee on Food. Participating in the concluding session of the three-day protest rally here, economist Jayati Ghosh argued that a universal PDS was an essential part of sound economic policy. She expressed the apprehension that the main beneficiaries of cash transfers would be commercial enterprises.
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Jairam for real-time evaluation of rural schemes
New Delhi: Fund-intensive rural development schemes may be evaluated during their implementation to identify failings in structure and execution, and enable the government to insert mid-course correctives.
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Government to double agro budget: PM
KATHMANDU: Prime Minister Dr Baburam Bhattarai has said that his government will double budget for agriculture in the fiscal policy. The government will double the budget to ensure food safety and promote
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Status Check for Rural Schemes Soon
Rural development minister Jairam Ramesh’s plan to make welfare schemes more effective through real-time evaluation of the . 76,000-crore rural development budget has received broad inter-ministerial support
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After change of guard, CAG-RIL meet on audit issue postponed
The postponement conveyed by Petroleum Ministry to CAG on October 29 Only days after the change of guard in the Petroleum and Natural Gas Ministry, the “Entry Conference” by the Comptroller and Auditor General (CAG) with the Petroleum Ministry officials and representatives of Mukesh Ambani-owned Reliance Industries Limited (RIL) to discuss details of the financial audit of KG D6 accounts has been postponed indefinitely.
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Fiscal monitor: Taking stock a Progress Report on fiscal adjustment
With growth weakening in many parts of the world and downside risks on the rise, fiscal consolidation remains challenging. However, considerable progress has been made in strengthening fiscal accounts
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Sibal writes to Jaipal on LPG subsidy
Unable to get an exemption for the cooking gas cylinders used for the Mid-Day Meal Scheme in the wake of a steep hike in the prices of domestic gas, Union Human Resource Minister Kapil Sibal has suggested that the Petroleum Ministry consider providing subsidised LPG cylinders for the current fiscal year. “It might be preferable at this point to provide for subsidy as earlier for the LPG cylinders, instead of seeking approval for an increase in cooking cost which would necessitate revisiting allocation for the Mid-Day Meals Scheme and seeking Parliamentary approvals for the increased allocation,
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China spends heavily in afforestation efforts
The Chinese government allocated 46.2 billion yuan ($7.22 billion) from its central budget to the return-farmland-to-forests plan during 2008-11, according to the National Development and Reform Commission,
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KSEB virtually seeks another tariff revision
The Kerala State Electricity Board (KSEB) on Thursday filed a petition before the Kerala State Electricity Regulatory Commission (KSERC) virtually seeking a second tariff revision within a matter of two months. Only in July the commission had issued a tariff order permitting the KSEB to increase the tariffs across the board to net an additional revenue of Rs.1,676.84 crore annually from the power consumers. This tariff hike had nearly bridged an annual revenue gap of less than Rs.1,900 crore the KSEB had projected in its budget for 2012-13 presented before the commission at the start of the year.
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NREGA Balm for Drought-hit States
Rural development ministry, state representatives to review labour budgets next month Drought-hit states will get more money to meet increased demand for jobs from affected farmers under the Mahatma Gandhi