-IANS The government's plan to replace the public distribution system (PDS) with direct cash transfer into people's accounts under the proposed Food Security Bill is not getting any takers, some social activists said here Friday. According to the proposal, the PDS through which subsidised Foodgrains are made available to people will be replaced with direct cash subsidies where a fixed amount will be transferred into people's bank accounts each month. Talking to media...
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Price spike inflates worry
-The Telegraph Costlier food items carried inflation up to 7.55 per cent in May, and the price situation could get aggravated further by the government’s decision to raise the minimum support price of paddy, oil seeds and pulses. However, the Cabinet Committee of Economic Affairs (CCEA) deferred a decision to raise urea prices because of opposition by some ministries. Inflation in May last year stood at 9.56 per cent. Overall food inflation rose to...
More »Many left out of foodgrain scheme
-The Times of India Highlighting irregularities and delays in the issuing of BPL and ration cards, the CAG report has slammmed the food and supplies department for its functioning. The department’s failure to identify beneficiaries for its schemes, and under utilisation of Foodgrains, kerosene oil and funds also find a mention in the report. “It cannot be safely concluded that the food management system in Delhi was functioning in a transparent and...
More »Monsoon round the corner, no need for gloom says IMD
Parts of Kerala have been receiving rains since this morning. Weather watchers attribute the slight delay in the onset of monsoon to Typhoon Mawar which was active in a western Pacific Ocean off the Philippines South-west monsoon, the key to the agriculture driven trillion-dollar Indian economy, is on course and is expected to drench Kerala by Wednesday thereby bringing much-needed relief to farmers, reports PTI. “Monsoon is round the corner. Parts of...
More »Slight delay in monsoon onset won’t impact farm prospects: Farm secy-Banikinkar Pattanayak
A delay in the onset of monsoon by 3-4 days over the Kerala coast won’t jeopardise India’s farm prospects in the crop year starting June 1 as sowing usually picks up with the arrival of the seasonal showers, according to outgoing agriculture secretary P K Basu. In an interview, Basu told FE that the rainfall in June, however, holds the key. ‘‘If there are scanty showers in June, sowing may be...
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