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 Imposing service charge is unfair trade practice; consumers need not pay: Ram Vilas Paswan

Imposing service charge is unfair trade practice; consumers need not pay: Ram Vilas Paswan

Consumer Affairs Minister Ram Vilas Paswan said on Wednesday that imposition of service charge is unfair trade practice and consumers need not pay for the same.

National Food Security law being implemented across India from November: Paswan

National Food Security law being implemented across India from November: Paswan

Implementation of National Food Security law, entailing an annual subsidy of over Rs 1.4 lakh crore, has covered the entire nation from this month with two large states Kerala and Tamil Nadu coming on board, the government said.

Efforts on at WTO for positive outcome on food security issue

Developing countries including India are making all efforts in the WTO for a positive outcome on the food security issue, parliament was informed Friday.

FAO pegs 2014 world food import bill stabilise at $1.29 tln

In 2013, world food import bill was USD 1.28 trillion.

CCEA approves outlay of Rs 12,350 crore for NFSM in 12th Plan

National Food Security Mission was launched in 2007-08 with an outlay of Rs 4,882.48 crore.

Food bill's impact to be felt in upcoming fiscal years: HSBC

The proposed food security law will increase the government's subsidy bill but its impact is expected to be felt only in the upcoming fiscal years, says an HSBC report.

Food Security Bill credit negative for India: Moody's

Giving a thumbs down to the Food Security Bill, rating agency Moody's on Thursday said the measure is credit negative as it will weaken government finances and deteriorate macroeconomic situation.

"Fears of subsidy overshoot on food programme baseless"

Government Wednesday dismissed fears of any sharp spike in fiscal deficit this year because of the food security programme that will be implemented once the legislation is through in Parliament.

Passage of Food Security Bill essential and important: CII

Commenting on the passage of Food Security Bill, Kris Gopalakrishnan, President, CII, said in a statement: "In a country like India, food security is extremely important. With a significant section of the population living below the poverty line, government intervention to provide nutritious food is essential".

Food Security Bill 'a troublesome act': FICCI

Making clear its opposition to the Food Security Bill, industry body Ficci Monday called it a "troublesome act", saying that cash transfer will be the best way forward.

Food security legislation will hike fiscal deficit: FICCI

Implementation of food security legislation will impose pressure on public finances and push up the fiscal deficit to 5 percent of the Gross Domestic Product in the current financial year, said a Ficci report.

Food Security Bill implementation a challenge: Morgan Stanley

Given the limited window available for implementation, the government's target to cap subsidies at 0.8 percent of GDP will go up by up to 0.2 percent of GDP this fiscal, Morgan Stanley said.

Bill will benefit over 75% of rural households: Deora

Union Minister of State for Communication, IT and Shipping, Milind Deora Monday expressed hope that the Centre's Food Security Bill would be ratified in the Monsoon session of Parliament.

FM regrets not being able to get legislations passed

"There are very significant differences but on essentials of building an open and liberal economy, I believe there is no great difference between two major political parties in India," Chidambaram said.

Thomas rules out Ordinance on Food Bill

Food Minister K V Thomas Thursday virtually ruled out bringing an Ordinance on the National Food Security Bill and favoured discussion on the proposed legislation in the coming session of Parliament.

Food Bill: Law Ministry wants proper mechanism to be in place

Amid talk of an ordinance on the Food Security Bill, the Law Ministry has warned that without putting a proper mechanism in place to distribute foodgrains, a law should not be implemented.

Food Security Bill estimates subsidy of Rs 1.23 lakh cr

Implementation of National Food Security Bill (NFSB), aimed at providing legal entitlement to food to around 67 percent population, is likely to cost the exchequer around Rs 1.23 lakh crore, Government said Monday.

Food Min to notify sugar decontrol steps next week

On April 4, the Cabinet Committee on Economic Affairs (CCEA) had decided to partially decontrol the sugar sector, the only industry left under the government control.

Food Security Bill to soon become reality: Manish Tewari

Addressing a gathering here on Sunday, Tewari said the Cabinet had given its nod to the modified Food Security Bill last week and same was reintroduced in the Lok Sabha last Friday. He expressed hope the Parliament will soon pass this bill.

Food Bill to be presented in Parliament today

Under the revised Food Security Bill which was approved by the Cabinet on Tuesday, 67 percent of India’s population will have the right to get a monthly quota of 5 kg of foodgrains at highly subsidised rates of Rs 1-3 per kg.