-Outlook As government seeks to roll out the food law, Finance Minister P Chidambaram today sought to raise total subsidies on fuel, food and fertilisers marginally to over Rs 2.46 lakh crore in the 2014-15 fiscal. Government has increased the food subsidy by a whopping Rs 23,000 crore to Rs 1,15,000 crore for 2014-15 fiscal mainly for implementation of the National Food Security law. According to the interim Budget proposals, subsidy bill on...

-Outlook The government today cut Rs 79,790 crore from the budgeted Plan expenditure of Rs 5,55,532 crore for the current financial year against the backdrop of a burgeoning fiscal deficit. The Interim Budget 2014-15, presented by Finance Minister P Chidambaram in Parliament, projected revised estimates of the Plan expenditure at Rs 4,75,532 crore for 2013-14. For the next financial year starting April 1, the government has kept the the Budget Estimates of Plan...

-Economic and Political Weekly   Chhattisgarh's public distribution system reforms have been lauded as a model for the National Food Security Act, and as one that other states can emulate. Previous research has shown that PDS rice consumption increased in Chhattisgarh following reforms by the Raman Singh government, which began in 2004. However, one-third of PDS rice consumption growth in Chhattisgarh took place before 2004. This finding suggests that the pre-2004 reforms...

-Down to Earth Four-day world congress on agroforestry in Delhi pushes for accelerating growing trees on farms for sustainable agriculture and mitigating climate change impacts In what is seen as a ground-breaking move, India has become the first nation in the world to adopt an agroforestry policy. The National Agroforestry Policy, which deals with the practice of integrating trees, crops and livestock on the same plot of land, was launched February 10,...

-PTI The previous record of 259.32 million tonnes was achieved in the 2011-12 crop year (July-June) India's farm sector is at its best today, with the country set to produce a record 263.2 million tonnes of foodgrains in the current crop year, Agriculture Minister Sharad Pawar said. Pawar also said he is "the happiest agriculture minister in the world" to see this "stupendous performance" in the sector and the ability of...