To avoid a big burden on the exchequer from the proposed food security law, the Planning Commission will propose some key changes to the plan, including a virtual abandonment of the concept of universal public distribution system (PDS) endorsed by the Sonia Gandhi-led National Advisory Council (NAC). Commission deputy chairman Montek Singh Ahluwalia in a presentation to Gandhi later this week would suggest that under the proposed scheme, grain be...

A crucial meeting of the National Advisory Council (NAC), which may finalise the draft food bill, will be held Sep 24, informed sources said here Monday. The previous meeting, chaired by NAC chairman Sonia Gandhi, Aug 30 could not finalise the draft bill, which should be sent for the government's consideration, as there was no consensus among the NAC members on whether to confine food security only to people below poverty...

Concerned over the huge mismatch between the Central estimate of 6.5 crores below poverty line families and the 11 crores BPL cards issued by the states under the Targeted Public Distribution System (TPDS), the food ministry has warned all the bogus card holders to surrender them or face criminal prosecution. The warning has been issued following the Supreme Court’s directive on August 31 asking the government to reform the TPDS and...

Most discussions on the National Rural Employment Guarantee Act (NREGA) have focused on one of few things, the leakages in the implementation of the scheme, the inadequate number of jobs created, and some even talk of how NREGA has resulted in food inflation going up in various districts as well as increasing mechanisation due to unavailability of farm labour. It is, of course, true that you can’t have food inflation...

“If countries impose export ban, import duty, there will be an inflationary trend” The outlook for global wheat production is still positive Restrictions can cause inflationary trend on food prices in 2011 and 2012 The drought in Russia and the floods in Pakistan that have affected wheat production will impact food prices as in 2007-08, says a senior official of the World Food Programme. WFP Deputy Executive Director Ramiro Lopes da Silva says: “The...