Food security bill gets presidential assent

September 12, 2013

New Delhi, Sep 12: President Pranab Mukherjee Thursday approved Congress president Sonia Gandhi's pet food security bill, making it a law.

"The National Food Security Bill, 2013 has received the assent of the President of India," said a statement from the Rashtrapati Bhavan.

The Lok Sabha passed the bill Aug 26 while the Rajya Sabha cleared it Sep 2.

The bill was introduced in parliament in December 2011.pranab

The largest scheme anywhere in the world gives right to subsidised grains to two-thirds of India's 1.2 billion population numbering around 800 million.

Under the legislation, beneficiaries would get five kg of grain per person per month, including rice at Rs.3 per kg, wheat at Rs.2 per kg and coarse grains at Re.1 per kg.

The legislation, part of the Congress election manifesto of 2009, is expected to be a game-changer for the party ahead of assembly polls in five states - Chhattisgarh, Delhi, Madhya Pradesh, Mizoram and Rajasthan - this year-end and the 2014 parliamentary elections.

Opposition parties have called it a vote security bill.

The bill, entailing an annual expenditure of around Rs.1.30 lakh crore, has also been criticised as it would further stress a slowing down economy and a sliding rupee.

However, Congress says the additional food subsidy burden of around Rs.28,000 crore can be taken care of and would not affect the fiscal deficit.

The real challenge for Congress is now to get the bill rolled out, a responsibility entrusted with state governments.

The bill proposes meal entitlement to specific groups, including pregnant women and lactating mothers; children between six months and 14 years; malnourished kids; disaster-affected people; and those who are destitute, homeless and starving.

The measure envisages food grain entitlement for up to 75 percent of the rural population and up to 50 percent of people living in urban areas.

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Agencies
March 15,2020

Ahmedabad, Mar 15: Four Congress MLAs in Gujarat have tendered their resignation to Assembly Speaker Rajendra Trivedi ahead of the election to the four Rajya Sabha seats in the state to be held on March 26.

The four Congress legislators tendered their resignation on Saturday, which Trivedi has accepted.

Trivedi told this to PTI on Sunday.

He said he will announce the names of the legislators in the Legislative Assembly on Monday.

"Four Congress MLAs tendered their resignation to me on Saturday, and I will announce their names in the Assembly tomorrow," he said.

With this, the strength of the Congress party in the 182-member Gujarat Assembly has come down to 69 from 73.

The Congress had on Saturday shifted its 14 MLAs to Jaipur fearing horse-trading by the ruling BJP ahead of the Rajya Sabha polls.

The BJP has fielded Abhay Bhardwaj, Ramila Bara and Narhari Amin for the election.

Given its number in the Assembly, the ruling party can only win two seats unless it manages cross-voting from the opposition camp or ensures defection of Congress MLAs to win the third seat.

The Congress has fielded senior leaders Shaktisinh Gohil and Bharatsinh Solanki.

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Agencies
July 15,2020

Mumbai, Jul 15: In a mega investment announcement, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday said that Google will invest ₹ 33,737 crore in Jio Platforms for an equity stake of 7.73%.

Google is investing at an equity valuation of ₹ 4.36 lakh crore, said an RIL regulatory filing.

"Jio Platforms Limited, a subsidiary of the Company, today signed binding agreements with Google International LLC pursuant to which Google would invest ₹ 33,737 crore for a 7.73 % equity stake in Jio Platforms Limited on a fully-diluted basis. Google is investing at an equity valuation of ₹ 4.36 lakh crore," it said.

The transaction is subject to customary regulatory approvals.

Speaking at the Annual General Meeting of RIL, Ambani said that he looks forward to working with investors in Jio Platforms in a collaborative way.

Making another major announcement, the RIL Chairman said that Jio has designed a complete 5G solution and it will be available for trials as soon as spectrum is available.

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News Network
June 8,2020

New Delhi, Jun 8: India on Monday reported the highest single-day spike of 9,983 more COVID-19 cases and 206 deaths in the last 24 hours.

With this, the country's coronavirus count has reached 2,56,611, including 1,25,381 active cases, according to the Ministry of Health and Family Welfare.

1,24,094 patients have been cured/discharged so far and 7,135 succumbed to the deadly virus. While one patient has migrated.

With 85,975 cases, Maharashtra is the worst-affected state in the country followed by Tamil Nadu at 31,667 cases.

A total of 1,08,048 samples were tested for coronavirus in the last 24 hours and overall 47,74,434 samples have been tested till now.

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