Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down. Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape. The Rajya Sabha later unanimously adopted the motion: “This House...

Jharkhand today declared 12 districts drought-hit, acknowledging that poor rainfall had affected crop cultivation and setting in motion usual administrative measures to initiate relief measures on a war footing. At a meeting of the governor’s advisory council, the 12 districts were identified as Latehar, Ramgarh, Chatra, Seraikela-Kharsawan, Khunti, East Singhbhum, Jamtara, Palamau, Dhanbad, Bokaro, Ranchi and Jamtara. The Telegraph had reported yesterday that the governor’s council was likely to name the districts...

The NAC's recommendations on food security measures take heed of the fact that PDS reform is dependent on the availability of enough foodgrains. Three major elements of the United Progressive Alliance government's commitment to provide food security to the people are reforming the public distribution system (PDS), raising foodgrain productivity and production, and creating a decentralised, modern warehousing system. Ideally, the reforms in the PDS should have come first for the availability...

Systemic Failure * Despite record procurement, poor storage has led to a criminal waste of grain * 61,000 tonnes of grain rotted as it was left in the open during the monsoon * The FCI had shut down storage facilities after low procurement in 2006-07 * The plan for decentralised storage facilities is 40 years old. It’s still hanging fire. * EGoM did not clear the surplus grains for the PDS since it would have...

The Sharad Pawar-headed food ministry has set itself up for a confrontation with the Sonia Gandhi-led National Advisory Council on the National Food Security Bill. Pre-empting NAC’s draft on NFSA, the food ministry has decided to implement the Tendulkar committee report on poverty numbers which fall far below the figures that the NAC formula would have reached. In its last meeting, NAC had proposed and Congress president Sonia Gandhi had...