Food Ministry asked how it proposed to reform PDS to plug leakages “Present procurement of foodgrains is between 50 and 55 million tonnes” In the first meeting on Friday of the experts group set up by Prime Minister Manmohan Singh to examine the recommendations of the National Advisory Council (NAC) on the proposed National Food Security Bill, senior officials were asked to come up with firm calculations. Chairman of the Prime Minister's Economic...

Edible oil imports have surged to a record 9.24 million tonnes last year and were estimated to be nearly Rs 38,000 crore. They have emerged as the third most important import item, next only to petroleum products and gold. India is now the world’s largest importer of cooking fats, meeting more than half of its requirement through overseas supplies. Considering the country’s huge and fast-growing demand for cooking oils, such...

A projected global population of 9 billion concentrated mostly in the developing world and a higher income level alone are enough to put pressure on world’s supply of food grains. But with changes in temperature levels and rainfall pattern beyond an acceptable limit on account of climate change, the pressures on food prices can be expected to enormous. World prices of staple food grains are projected to rise from anywhere...

While the revolutionary National Rural Employment Guarantee scheme has brought higher wages for labourers across the country, farmers and landlords in Tamil Nadu have begun to feel the pinch following its huge success. They don't get labourers to work in their fields due to low wages. Will the new choice force landlords to hike wages? Rural Tamil Nadu is witnessing a critical migration of labour. Farm workers, 80% of who...

The rural development ministry has expressed its reservations on linking wages paid under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with minimum wages mandated by states for farm labour. In an internal note, which was reviewed by Mint, the ministry said such a step could lead to the states upwardly revising minimum wages for farm labour, an increased burden that the Central government then would have to bear. The ministry,...