U.S. food safety budget remains an important issue in 2012 to regulatory agencies and food company. With

President Obama released his budget proposal in February 2013, allotting $ 2.5 billion for Food and Drug Administration (FDA), the same number of Congress awarded agency in 2012.

Shortly after the President’s proposed budget was released, the FDA requested $ 4.5 billion budget for fiscal year 2013, announced plans to introduce the new user fees to cover 98 per cent increase in the budget. User fees are not new to the dealer, but in the past, pharmaceutical companies have been paying most of the cost. FDA budget proposed to bring the 2013 food industry into the mix with two new agency fees says would generate $ 225 million.

The cost of this user has, for the most part, has been contested by the industry. Even before the FDA released its budget proposal 2013, food companies started to make known their views on the topic. A coalition of 30 food organisation, covering all aspects of the industry, to voice their opposition to charges in a letter to Jeffrey Zients, the Acting Director of the Office of management and budget, and Kathleen Sibelius, Secretary of U.s. Health and Human Services, the department which houses the FDA.

One of the main industrial concern is that consumers will be forced to pay the bills if such fees were implemented. A letter stating “as consumers continued to cope with a period of prolonged economic turbulence and food makers struggle with commodity prices to new record highs, the creation of food taxes or fees regulations will mean higher costs for food makers and led to higher food prices for consumers.”

Strength index BSE Sensex has outperformed the benchmark since early this year. Of course, there are a lot of positive news for electrical manufacturers and companies that provide equipment for them. After repeated lobbying, Prime Minister’s Office has directed coal India Ltd (CIL) to guarantee fuel supplies for 20 years; generator has added capacity 12,360 megawatts (MW) of this fiscal year; and capital good companies like Bharat heavy Electricals Ltd has won several orders. However, the assessment was so depressed any size positive enough to trigger some kind of resurrection.

But this may not be enough to solve the structural problems. For one, there are issues of State electricity boards with their losses estimated to be growing on top of Rs 75,000 crore. Banks are reluctant to lend to these entities and they are partly responsible for the utilization capacity fell on power plants across the country (lack of FUEL being another reason).

Various panel appointed a Government led by people like B.K. Chaturvedi, a member of the Planning Commission, and V.K. Shunglu, Comptroller and auditor general, suggested solutions and the bailout plan.