A ministers' panel meeting tomorrow is likely to consider raising poor families' entitlement for rice or wheat to 35 kg per month at Rs 3 a kg. The Empowered Group of Ministers of Food, headed by Finance Minister Pranab Mukherjee, earlier on March 18 cleared the Food Security Bill, which provided poor families right to 25 kg of the foodgrain in a month . The EGoM is revisiting the bill, the ambitious...

In an attempt to prevent the misuse of funds under the National Rural Employment Guarantee Scheme (NREGS), the Planning Commission will seek cabinet approval for appointment of evaluation officers to ensure that the money is not misappropriated. “The Planning Commission has already received favourable comments in this regard from all concerned departments including Ministries of Finance and Panchayati Raj,” said Sudha Pillai, secretary, Planning Commission, while releasing the Associated Chambers...

The proposed Food Security Bill should adopt a three-pronged strategy that constitutes a Universal Public Distribution System for all, low-cost foodgrains to the needy, and convergence in the delivery of nutrition safety net programmes.  In his latest budget speech, Finance Minister Pranab Mukherjee announced: “We are now ready with the draft Food Security Bill which will be placed in the public domain very soon.” Although no official draft has been...

Misleading the public on safety of genetically modified crops or organisms without scientific evidence would not be made a punishable offence, the government has decided following concerns raised by some scientists and civil society groups. A relevant clause to this effect in the proposed Bill to set up the National Biotechnology Regulatory Authority has been dropped, government sources have told The Indian Express. The NBRA is being established to approve...

With food prices showing no signs of abating and the impact of the fuel price hike in the latest budget making its presence felt, inflation moved fast towards the double-digit mark, touching 9.89 per cent in February, the highest in 16 months. The wholesale price-based inflation stood at 8.56 per cent in January. This could well cross the double-digit mark in March, experts said. Finance Minister Pranab Mukherjee had earlier said the...