-The Hindu Business Line India now has the technology to track leakages at each stage in the public distribution system The Government has set up the Expenditure Management Commission to rationalise subsidies, among other expenditure items in India. India incurs nearly one per cent of food subsidy annually, generally utilised under the existing public distribution system (PDS) consisting of Food Corporation of India (FCI) and nearly five lakh Fair Price Shops (FPSs)....
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Groundwater reserves dwindle to critical level amid rampant extraction -Akash Vashishtha
-India Today Groundwater is being extracted in Delhi, Haryana, Punjab and Rajasthan at a rate faster than it's replenished, according to the latest report of the Central Ground Water Board (CGWB). The status of groundwater extraction - the proportion of water drawn out to annual recharge - in Delhi and the three states is more than 100 per cent. In Gujarat, Tamil Nadu, Uttar Pradesh, Lakshwadeep, Pondicherry and Daman and Diu, the...
More »Finance to 5 Lakh Joint Farming Groups of "Bhoomi Heen Kisan" through Nabard in the Current Financial Year
-Capital Market 14 Crore Soil Health Cards to be Issued in Three Years; Credit Support of Rs. 8 Lakh Crore to Agriculture During 2014-15 Targeted "Finance to 5 lakh joint farming groups of Bhoomi Heen Kisan through NABARD in the current financial year", said Shri Radha Mohan Singh, Agriculture Minister, while inaugurating the National Rabi Conference. Minister said that, a very large number of landless farmers are unable to provide land title...
More »Centre steps in to monitor food availability -Soma Basu
-Down to Earth Floods destroy standing crops; in July, hailstorm had damaged farms and orchards As floods washed away belongings of flood-affected people of Jammu and Kashmir, the Centre has intervened to ensure food availability to them. Union food and public distribution minister, Ram Vilas Paswan, has directed senior officials of Food Corporation of India (FCI) to camp at Srinagar and closely monitor the availability of food grains in the affected areas...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
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