-The Economic Times NEW DELHI: After the ambitious food security law, the UPA government is preparing another populist scheme to expand the supply of subsidised edible oil and pulses through the countrywide network of ration shops in the next two to three months. "It will be the next major thing. We are working at the earliest. We propose that state governments purchase pulses and edible oil either through imports or locally. We...
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Universal PDS already provides food security in Tamil Nadu-TE Narasimhan
-The Business Standard Rs 4,900 crore has been provided in the Budget Estimates 2013-2014 for food subsidy Chennai: The National Food Security Bill has been generating much excitement across the country but not in Tamil Nadu, since the state has a more comprehensive model in the form of a Universal Public Distribution System (PDS). Irrespective of any government, coverage of the PDS has been universal. A state government official said at a time...
More »Early sowing raises hope; all eyes on July rain-Sanjeeb Mukherjee
-The Business Standard Experts say too early to estimate final output The sowing of kharif crops is on at breakneck speed in most parts, but analysts say much of the final output will depend on the weather in the next month. The current weak monsoon phase in most of the northern parts of the country is adding to the worry. Experts believe if the rains go for a prolonged break in...
More »Minimum support price of kharif crops raised by CCEA
-The Economic Times NEW DELHI: As sowing picks up across the country, the Cabinet Committee on Economic Affairs (CCEA) on Thursday approved increasing the minimum support prices (MSP) of kharif crops for 2013-14 crop year (July-June). The increase is expected to boost the sowing of paddy, cotton, oilseeds like soybean, millets and pulses crop in the country. On the basis of recommendations given by Commission for Agricultural Costs and Prices (CACP),...
More »Natural gas price doubled, may trigger price rise -Anupama Airy
-The Hindustan Times Biting the bullet on a tough reform measure, the government on Thursday took a politically sensitive decision to double natural gas prices to $8.4 (about Rs. 510.13) per unit from April 1 next year. This move will push up the price you pay for everything from food items to public transport. On the positive side, the decision is expected to attract foreign investors in the energy sector as the...
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