-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) In view of increased foograin movement requirement for the implementation of National Food Security Act, FCI has been making efforts to increase Inter-regional movement of Foodgrains. It has been) has been rising over the years as under:- It is estimated that for the National Food Security Act (NFSA) implementation, against the allocation of 614.43 lakh tonnes, the...
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Food subsidy increased to Rs 1,15,000 crore
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The Government has increased the food subsidy to Rs 1,15,000 crore for financial year 2014-15, mainly for implementation of the National Food Security Act. It is Rs 23,000 crore more than the revised estimates of Rs 92,000 crore for 2013-14. Significant increase in the subsidy has been made to fulfill the Government's commitment to implement the National Food Security Act...
More »Migration back to villages-Devinder Sharma
-DNA The government's lack of focus on agriculture shows its lopsided priorities. In the coming months, about 1.5 crore farmers who quit agriculture in the past seven years, are likely to trudge back into the villages. In normal circumstances such a massive reverse migration - from the cities back to the villages - would have been a sign of inclusive growth. But economists are taking this U-turn as a sign of...
More »Interim Budget 2014-15: Highlights
-Outlook Following are the highlights of interim budget 2014-15: Income tax rates kept unchanged 10 pc surcharge on 'super-rich' having annual income above Rs 1 crore to continue 10 pc surcharge on domestic corporates with income of Rs 10 crore Foodgrain production estimated at 263 million tonnes in 2013-14 Fiscal deficit at 4.6 pc in 2013-14...
More »Record 263.2 Million Tonne Foodgrain Production Likely this Year
-Press Information Bureau (Ministry of Agriculture) India is likely to produce record 263.2 million tonne Foodgrains this year (includes kharif 2013 and rabi crops in the field at present). The earlier Foodgrain production record of 259.3 MT was achieved in 2011-12. As per the latest crop sowing data available, major crops have been sown in more area than in rabi last year. Wheat has been sown in 315.3 lakh hectare...
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