-The Economic Times NEW DELHI: The monsoon's late revival has increased sowing of crops by 35% in the past week, but worries about agriculture persist as reservoir levels are low, while planting is still much lower than last year, and only slightly better than it was at this time in the drought year of 2009. The situation in water reservoirs was also worrisome as they were filled up to only 26%...
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Why FCI needs professionals to sell its foodgrains -Tejinder Narang
-The Hindu Business Line The primary mandate of the Food Corporation of India (FCI) acting under directions of Food Ministry is to service requirements of the public distribution system (PDS) in association with State Government Agencies (SGAs). But over the years, FCI has also been called upon to intervene in managing market prices, albeit with little success. FCI efficiently procures wheat, paddy/milled rice but faces odds while selling surplus grains in the...
More »Subsidised wheat: CAG points out over Rs. 18 cr avoidable expenditure
-The Hindustan Times Chandigarh: The Comptroller and Auditor General of India (CAG) has pointed out an avoidable expenditure of Rs. 18.59 crore on giving subsidised wheat to more than 1.73 lakh ineligible below poverty line (BPL) card holders in Haryana between December 2011 and March 2013. The CAG report on social, general and economic sectors, tabled in the Haryana Vidhan Sabha on Monday, pointed out that the Haryana food and supplies department...
More »Human Development to be Taken into Account in Formulating and Implementing Social Sector Programmes: Economic Survey 2013-14
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely as precursor to the General Budget in the Lok Sabha today shows some interesting results of inter-state comparisons of socio-economic development of select states based on available indicators from various sources and furnish some clear policy pointers. While some states have done very well in terms of growth indicators, they are poor performers...
More »Budget 2014 will show government's will to reform food security system -Ashok Gulati
-The Economic Times Think for a moment that you are a small or marginal farmer of wheat or rice, and the government promises to give to your family wheat at Rs 2 per kg and rice at Rs 3 per kg (5 kg per person per month). What would you do? You would rush to sell your produce to the government at the minimum support price (MSP), which is currently Rs...
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