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Friday, June 27, 2014

Prime Minister Narendra Modi led Month-Old NDA Govt Thursday June 26,2014



The twin spectres of inflation and a drought year stare at the 30-day-old Prime Minister Narendra Modi led NDA Govt

Prime Minister Narendra Modi on Thursday June 26,2014 held a meeting focused primarily on devising a foolproof strategy to deal with the growing likelihood of rising prices in a sub-par monsoon year.
While the Modi government has already received flak for implementing the rail fare hike that was decided during the UPA's tenure, the PM is aware that a deficient monsoon and rising crude prices could make matters worse

With many states and Union Territories yet to roll out the food security programme, the Centre gave three more months to them for implementing the landmark Act, which will push up the food subsidy bill to Rs 1.31 lakh crore. 
"The food security law came into force on July 5, 2013 and state governments had to implement it within 365 days. But 20 states and five UTs have not implemented the food law so far. 


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