The much-awaited National Food Security Bill will be introduced in the winter session of Parliament incorporating some major changes recommended by the National Advisory Council, chaired by Congress president Sonia Gandhi. Union Minister of State for Consumer Affairs, Food, and Public Distribution K.V. Thomas told The Hindu on Sunday that the council proposed coverage of the food security scheme from the present 45 per cent to an estimated 63 per cent...
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Subsidy Bill will damage govt’s finances: Sharad Pawar
-The Economic Times The increase in India's food subsidy bill after the introduction of the Food Security Act, which will guarantee subsidised grains to a large section of population, could damage the country's financial health, agriculture minister Sharad Pawar said here on Wednesday. The situation is worrying even now, the minister said at the Economic Editors Conference here. "The issue price of grains for ration shops has not been changed for last...
More »Dealing with grain glut
-The Business Standard This year’s paddy procurement season has started with foodgrain stocks being more than double the buffer stock norms. An increase in grain stocks will put a strain on the already-scarce warehousing space, with consequences for safe storage and usability. Thus, excess holding of grains ought to be avoided. Maintaining a stockpile of nearly 55 million tonnes, with average economic cost of wheat and rice being Rs 18,000 per...
More »Farmers' union threatens six-month farming holiday by Gargi Parsai
The members of Bhartiya Kisan Union on Tuesday threatened to take a six-month holiday every year for 10 years from framing if the government fails to take note of the hardship faced by farmers over rising prices and acquisition of farm land for commercial activity. Rakesh Tikait of Uttar Pradesh said with increasing input costs, farmers were finding it difficult to cultivate round the year. “If the government does not pay...
More »Understanding the poverty line by Amitabh Kundu
The popular outrage over the official definition of poverty at abysmally low levels of daily income, of Rs 26 in rural areas and Rs 32 in urban areas, assumes the state will deny basic services to a household whose income is above the figure. This is totally erroneous. There is no mechanism in the hands of the government to ascertain income or expenditure to identify the 'poor' on the ground. The...
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