-The Business Standard Clause empowers both Central and state govts from their obligation to provide subsidised food in the event of war, flood, drought, fire, cyclone or earthquake The government included much-debated 'force majeure' clause in the Food Security Ordinance, despite opposition from civil socieity and a Parliamentary standing committee. However, the clause can now only be invoked if the Central government in consultation with the Planning Commission decides as to whether such...
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Food bill not to hurt coffers
-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...
More »The politics of cheap rice in Karnataka -ND Shiva Kumar & Narayanan Krishnaswami
-The Times of India With the state budget all set to be presented on July 12, TOI takes a hard look at the government's cheap rice scheme and its impact on politics and employment. Will cheap rice boil? Let's look at the math. Reducing the price from Rs 3 to Re 1 per kg will help a family save Rs 60 per month. Till now, poor families got rice from the Public Distribution...
More »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 »Cabinet clears food security via ordinance
-The Times of India NEW DELHI: The Union Cabinet on Wednesday cleared an ordinance to implement the politically significant national food security bill without waiting for Parliament's monsoon session that is about a month away. The decision to press ahead with the ordinance - delayed after the government sought to enlarge political support for the bill - is rooted in Congress's determination to project commitment to food security as an key aspect...
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