Correspondent, New Delhi
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Aug 26, 2013

Lok Sabha approves $20 billion Food Security Bill

NEW DELHI (Reuters) – The Lok Sabha approved a plan worth nearly $20 billion on Monday to provide cheap grain to the poor, a key part of the ruling Congress party’s strategy to win re-election.

Under the plan, the government will sell subsidised wheat and rice to 67 percent of its population of 1.2 billion. India is home to a quarter of the world’s hungry poor, according to United Nations data, despite being one of the biggest food producers and experiencing years of rapid economic growth.

Aug 26, 2013

Indian parliament approves $20 billion cheap grain plan for poor

NEW DELHI (Reuters) – India’s lower house of parliament approved a plan worth nearly $20 billion on Monday to provide cheap grain to the poor, a key part of the ruling Congress party’s strategy to win re-election.

Under the plan, the government will sell subsidized wheat and rice to 67 percent of its population of 1.2 billion. India is home to a quarter of the world’s hungry poor, according to United Nations data, despite being one of the biggest food producers and experiencing years of rapid economic growth.

Aug 13, 2013

India auditor says wrongdoing in Italy chopper deal, piles pressure on government

NEW DELHI (Reuters) – Indian negotiators set a higher base price for the purchase of helicopters from AgustaWestland and frequently changed the bidding rules, the federal auditor said on Tuesday, making it harder for the government to complete the 560 million euro ($744.43 million) deal.

The ruling Congress is battling allegations of widespread corruption in government and the latest report into the deal to buy 12 helicopters for top politicians offers further ammunition to its opponents in the run-up to general elections next year.

Aug 13, 2013

CAG says wrongdoing in Italy chopper deal, piles pressure on govt

NEW DELHI (Reuters) – Indian negotiators set a higher base price for the purchase of helicopters from AgustaWestland and frequently changed the bidding rules, the auditor said on Tuesday, making it harder for the government to complete the 560 million euro deal.

The ruling Congress is battling allegations of widespread corruption in government and the latest report into the deal to buy 12 helicopters for top politicians offers further ammunition to its opponents in the run-up to general elections next year.

Aug 13, 2013

India auditor says wrongdoing in Italy chopper deal, piles pressure on govt

NEW DELHI, Aug 13 (Reuters) – Indian negotiators set a
higher base price for the purchase of helicopters from
AgustaWestland and frequently changed the bidding rules, the
federal auditor said on Tuesday, making it harder for the
government to complete the 560 million euro ($744.43 million)
deal.

The ruling Congress is battling allegations of widespread
corruption in government and the latest report into the deal to
buy 12 helicopters for top politicians offers further ammunition
to its opponents in the run-up to general elections next year.

Aug 7, 2013

Indian govt under fire over handling of border attack

NEW DELHI/ISLAMABAD (Reuters) – Parliament was paralysed on Wednesday as opposition lawmakers angrily protested over the government’s response to an ambush in which five soldiers were shot dead on the border with Pakistan in the disputed region of Kashmir.

The uproar, for the second day in a row, derailed the government’s legislative agenda and raised question marks over whether it will be able to drive through long-pending economic reforms during the short session, which ends on August 30.

Aug 7, 2013

Indian government under fire over handling of border attack

NEW DELHI/ISLAMABAD (Reuters) – India’s parliament was paralysed on Wednesday as opposition lawmakers angrily protested over the government’s response to an ambush in which five soldiers were shot dead on the border with Pakistan in the disputed region of Kashmir.

The uproar, for the second day in a row, derailed the government’s legislative agenda and raised question marks over whether it will be able to drive through long-pending economic reforms during the short session, which ends on August 30.

Jul 26, 2013

France says India fighter jet deal negotiations going well

NEW DELHI, July 26 (Reuters) – France’s defence minister
said on Friday negotiations with India to sell 126 Rafale
fighter jets from Dassault Aviation were proceeding
well, but did not say when the deal would be finalised.

India picked the Rafale for exclusive negotiations in
January 2012 after a hotly contested bidding war. But
differences over the industrial role of India’s state-run
Hindustan Aeronautics Ltd have delayed the deal.

Jul 21, 2013

Poor quality and bad management: India ignored warnings in free meal program

GANDAMAN, India/NEW DELHI (Reuters) – The village school in India where 23 children died by poisoning last week had been providing lunch under a government-sponsored scheme without checks or monitoring by local officials to see if the food was stored carefully or cooked properly.

Although it is the first such disaster in the “midday meal” project that feeds about 120 million children every day across India, a Reuters review of audit reports and research papers shows officials have long ignored warnings of the lack of oversight and accountability in the program.

Jul 12, 2013

June trade deficit narrows, helped by clampdown on gold imports

NEW DELHI (Reuters) – India’s trade deficit narrowed in June from a 7-month high the previous month, helped by a slowdown in gold imports, but the relief may not last long as low prices and the coming wedding season are expected to bolster demand for the yellow metal.

A lower deficit should ease pressure on India’s bloated current account gap, the broadest measure of international trade, and the beleaguered rupee currency.

    • About Anurag

      "Anurag covers money, politics and general news based in New Delhi. He joined Reuters in 2008 in Bangalore and covered U.S.-based companies for a little over two years. In the Indian capital, he covered the dynamic Indian aviation industry before moving to his current role. Born and brought up in the beautiful town of Jorhat in Assam, Anurag loves cricket, Bollywood and is a social media addict. When he’s not chasing high-flying CEOs and bureaucrats, Anurag likes to unwind with films and Assamese poetry."
      Hometown:
      Jorhat
      Joined Reuters:
      2008
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