An empowered ministers' panel meeting tomorrow is likely to take some decisions to tackle price rise and finalise the draft Food Security Bill, which seeks to give the poor the right to get rice and wheat at Rs 3 per kg. The empowered group of ministers, headed by Finance Minister Pranab Mukherjee, is scheduled to review the minimum export price (MEP) for Basmati. In the face of high food inflation, the...
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Cash for food
There is little or no doubt that the idea of direct cash transfers to India’s poorest has some heavy hitters behind it now. Besides the now famous second chapter of the Economic Survey and definite hints (and some statements that were more than hints) from Finance Minister Pranab Mukherjee, several state leaders have spoken up in favour of it. Bihar Chief Minister Nitish Kumar has more than once said that...
More »Ministers’ panel proposes limits for National Food Security Bill by Liz Mathew and Ruhi Tewari
An empowered group of ministers (eGoM) has urged the government to delink the proposed National Food Security Act (NFSA) from nutritional security and keep the issue price of wheat and rice flexible under the Act. But a top official of the agriculture ministry said some members of the Congress-led United Progressive Alliance government want NFSA to be an “umbrella legislation” addressing social security concerns. “The finance ministry is of the view that...
More »Draft food security bill may irk Sonia, states, SC by Nitin Sethi
The government has readied the draft of its promised Food Security Act but the bare provisions appear to fall short of the pledge on many counts. It could not only trigger a face-off with the states but also cause heartburn to the Supreme Court and displease Congress chief Sonia Gandhi who had prepared a draft and sent it to the Prime Minister's Office last June. The Bill is a result...
More »Farmers paid peanuts, over 40% looking for better avenues by Omkar Sapre
PUNE: Bandya Pashte, 28, has been cultivating paddy on his family’s five-acre plot in village Veravli in the Konkan, Maharashtra’s coastal strip for about a decade. Last year, though, he threw in the towel because farming is not remunerative and lacks social status. Bandya has since migrated to the city to work as a driver, earning more than he did as a farmer. While Bandya is unaware of the National...
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