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Farmers' welfare govt's top priority, says CM

-The Times of India   Chief minister N Kiran Kumar Reddy on Sunday said farmer welfare topped the government's list of priorities and that agriculture would undoubtedly be given maximum impetus. Talking to officials about his government's newest initiatives on the eve of the state-level bankers' committee meeting at his camp office, the CM urged them to ensure that all welfare measures for farmers are implemented in a transparent manner. He made it...

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PDS leakage drops to 10-15%: govt

-The Indian Express   The government today claimed there has been an "impressive improvement" in the performance of the targeted public distribution system (TPDS), with leakage reduced to about 10-15 per cent on average now from 40 per cent earlier. "The leakage, on an average, is nearly 10-15 per cent," said Minister of State for Consumer Affairs and Public Distribution KV Thomas said in a reply during Question Hour in the Rajya Sabha. The...

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Food Security Bill draft covers STs, breakfast for students by Gargi Parsai

The Centre has decided to include the Scheduled Tribes as a category that will, by law, be provided subsidised food grains through the public distribution system under the proposed National Food Security Bill. The final draft also provides for supply of “ready cooked hot breakfast” to eligible school children in addition to the mid-day meals under the Integrated Child Development Scheme. Highly placed sources told The Hindu that that the Union...

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Bullion dominates futures market, agriculture at 10% by Sidhartha

Policymakers have repeatedly said that commodity futures help farmers hedge their risks. But data from Forward Markets Commission (FMC), the regulator for the business worth Rs 106 lakh crore during April-October, paints a different picture. The share of agricultural trade is just a tad over 10% and within this, food products such as soya oil and chana accounted for less than 7% of the total value. Of course, the government itself...

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FDI in retail—UPA ‘retired hurt’ by P Sainath

Here's the wonderful thing about the FDI-in-retail debate: never have struggling Indian farmers found so many champions. They've been crawling out of the woodwork. Foreign direct investment in retail may be on hold, but Hillary Clinton can stop worrying about Anand Sharma and Pranab Mukherjee. “How does (Commerce Minister) Sharma view India's current Foreign Direct Investment guidelines? Which sectors does he plan to open further? Why is he reluctant to open multi-brand...

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