-The Business Standard Chhattisgarh Food Security Bill was passed on Dec 21, 2012. Under the Act, about 90% of the state's population will have PDS entitlements Raipur: In December 2007, when Chhattisgarh Chief Minister Raman Singh announced no one would die of starvation, not many realised the state was going to create history. The announcement came from the sleepy village of Sonakhan in Mahasamund district, where in 1856, the landlord of the area,...
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Exclusion as policy -TK Rajalakshmi
-Frontline Attempts by the Congress-led UPA government to adopt the ordinance route to pass the Food Security Bill fail as the opposition parties are more or less united in seeking a Bill that provides universal PDS coverage. THE National Food Security Bill (NFSB), 2013, touted as the biggest game changer for the Congress-led United Progressive Alliance (UPA) government in the 2014 parliamentary elections, will go through yet another round of discussions...
More »CCEA okays sale of 10.5 mn tonne FCI foodgrains in open market
-PTI NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) today cleared the Food Ministry's proposal to offload 10.5 million tonnes of FCI foodgrains in the open market to control retail prices. However, the proposal on allowing extra 2 million tonnes of wheat export through public sector trading agencies was not listed on the CCEA agenda for discussion. "The CCEA has approved allocation of 10 million tonnes of wheat and 0.5 million tonnes...
More »How to reduce our rotting mountains of grain
-The Economic Times India's GDP growth has almost halved from 9.2% in 2010-11 to 5% in 2012-12. Major problems include a high current account deficit, high fiscal deficit, and lack of bank credit for small and medium enterprises. All three problems can be mitigated substantially by one single measure - reducing excess food stocks. So say Ashok Gulati and Surabhi Jain, chairman and joint director respectively of the Commission for Agricultural...
More »NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
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