'...hesitate to support the risk-taking it requires.'
In a significant change to regulations, oil and gas regulator PNGRB has proposed a new policy of how tariffs for pipelines carrying gas to users will be determined, and proposed charging city gas entities selling CNG and piped cooking gas to households at the lowest rates.
Villpuram district in north Tamil Nadu continued to reel under unprecedented flooding on Monday following extremely heavy rainfall, virtually blocking access to villages and residential colonies as bridges and roads overflowed, inundating huge acreage of standing crops and leaving passengers stranded as rail and road traffic was hit.
'Due to this sudden phenomenon, guests stopped visiting the homes of these villages, girls and boys from these villages were not getting proposals; students were reluctant to attend schools and colleges for fear of being shamed.'
What is ailing India's Public Distribution System (PDS)? "Corruption" is the one and only answer to that question.
A recent study shows that more than 100 million people are excluded from the public distribution system because the central government insists on using 2011 population figures to calculate state-wise PDS coverage, which effectively leaves out 100 million people, reports Sanjeeb Mukherjee.
The government is considering a ban on export of kerosene oil (jet kero) and aviation turbine fuel (ATF), which are similar to kerosene, to boost supplies of kerosene for public distribution system.
While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.
Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.
The conference was to launch a pilot scheme on smart card-based delivery of essential commodities under the targeted PDS in Haryana and Chandigarh.
The working group on food and public distribution constituted under the chairmanship of Planning Commission Deputy Chairman Montek Singh Ahluwalia is likely to recommend using the numbers effectively for streamlining PDS.
A team of NIA officials earlier this morning arrested two persons in connection with the case and were on their way back to Kolkata, when the vehicle came under attack, they said.
The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18.
Distributing chana is easier than other varieties of pulses as it only requires cleaning and sorting and can be consumed whole; it was also abundantly available with Nafed.
'Salman's bad phase is going on for the last five-six years.'
Stating that the food subsidy bill is becoming "unmanageably large", the Economic Survey 2021 on Friday suggested the government to increase the selling price of foodgrains provided through ration shops to over 80 crore beneficiaries. Foodgrains via ration shops are supplied at highly subsidised rates of Rs 3 per kg for rice, Rs 2 per kg for wheat and Rs 1 per kg for coarse grains through Public Distribution System (PDS) as per the National Food Security Act (NFSA). "While it is difficult to reduce the economic cost of food management in view of rising commitment towards food security, there is a need to consider the revision of central issue price (CIP) to reduce the bulging food subsidy bill," the survey said.
After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.
Restoration of Article 370 and Jammu and Kashmir's statehood as well as implementation of the autonomy resolution passed by the erstwhile assembly in 2000 are among the National Conference's 12 guarantees announced in its manifesto for the upcoming polls.
'Choose an FD tenure that provides a balance between returns and the horizon for which you can invest.'
Whether you're a young professional, a seasoned entrepreneur, or someone simply looking to take control of your financial future, adopting these principles can be life-changing, says Ramalingam Kalirajan
Food subsidy is provided by the Centre in the budget of the Department of food and public distribution to meet the difference between the economic cost of foodgrains and their sales realisation at central issue prices.
'He didn't implement good policies for good politics.' 'He never worked on comprehensive policy-making.' 'In Kejriwal's own constituency youths are jobless.'
'The government does not want to be transparent or accountable. Therefore, they do not want to appoint information commissioners.'
The IEO, which has been entrusted to assess public programmes, has found that 57 per cent of the subsidised foodgrains distributed in Delhi, do not reach the target group with close to 36 per cent siphoned off the supply chain.
India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.
HDFC Bank on Wednesday reported a 2.3 per cent year-on-year rise in its consolidated net profit to Rs 17,657 crore for the October-December quarter, restricted by slower loan growth. On a standalone basis, the largest private sector lender's net profit came at Rs 16,735.50 crore for the period, up from Rs 16,372.54 crore in the year-ago period, but marginally down from the preceding quarter's Rs 16,820.97 crore.
The Delhi Bharatiya Janata Party on Saturday termed as misleading the announcement of implementation of food security scheme by the city government and said it will meet the same fate as other schemes like Rajiv Ratna Awas yojna, Annashri yojna and Antyodaya yojna.
Measures announced in the past such as an export ban on onions, pulses, edible oil and non-basmati rice will continue. Restriction on the export of more commodities would be imposed, if required.
Company to bring in initiatives like biometric transactions to improve efficiency.
A meaningful long-run strategy to eradicate poverty would do more than a top-down distributive model.
All those who have been dismayed by the food security ordinance should thank Manmohan Singh and his colleagues for a neat optical trick, says T N Ninan.
'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'
Taxing capital less may not lead to more investments but taxing more will drive capital away, Chief Economic Advisor V Anantha Nageswaran on Friday said during a discussion on Inequality, Economic Growth and Inclusion. While it is easy to drive capital out, bringing it back is a lot harder, said Nageswaran.
The West Bengal chief minister dished out a prescription to improve the economic condition of the state.
Senior leader of the Bhartiya Janata Party Sushma Swaraj on Saturday alleged that the United Progressive Alliance government was discriminating against the National Democratic Alliance ruled states. She claimed that this discrimination extended to railway projects, distribution of wheat and rice through the public distribution system, relief packages for natural calamities like draught and floods etc.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
The Ministry of Food and Public Distribution System is also expected to brief the apex court on the steps taken to address the problem.
With a sub-normal monsoon looming, the government is worried about spiralling food inflation and its debilitating impact on the nascent economic recovery.
A Right to Information activist who was in the forefront in exposing corruption in Public Distribution System, foodgrain and fuel distribution in the Marathwada region has been found dead in Nanded.
The protesting farmers celebrated Holi at the borders and maintained that their agitation will continue till the farm laws are repealed and a separate law on minimum support price is enacted, it said in a statement.
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