Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

19 Sep 2013 / 0 Comments

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate Subbarao who left this mess created by few stupid political economists," Raghuram Rajan found telling the sweeper who came to clean up the

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Published On:Tuesday, 27 August 2013
Posted by Diggy Chacha

Indian hotels industry working on a plan to source food from grocery shops and BPL people

Showing their happiness towards UPA Government's step to introduce food security for poor people in India, the hotels industry expressed its interest to sign long term contract with people below poverty line (BPL) for sourcing food grains.

"We are in talks with various people in BPL category along with government grocery shops for contract sourcing of food grain," said Ramakant Shetty, owner of hotel chain Hotel Durga Prasad.

He said "We are working on a proper plan to source cheap food from the BPL people. Many authorized grocery shops are willing to share 50% of total food grains supplied by government. This is a great law made for the entire hotels industry and we are happy about it. However, we are really concerned about low calories that BPL families are entitled under this Act. They require 35 kgs while government is giving only 25 kgs."

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