The government may shift to per capita allocation of Foodgrains and raise the price of wheat and rice meant for the Above the Poverty Line (APL) population under the Public Distribution System (PDS) to meet the objectives of the proposed National Food Security Bill. Raising the price of APL Foodgrains is an “unavoidable adjustment,” the Planning Commission has said in a note it has prepared for the Sonia Gandhi-headed National...

A pilot survey will be launched next month to assess the number of the poor in the country on a new set of parameters ahead of the scheduled BPL census in April 2011. The government has decided to launch the pilot project in 260 villages across the country to test the parameters suggested by a former Planning Commission member amid a debate on the best way of doing such counts. The project,...

While it may appear paradoxical that at a time when the government is fighting inflationary pressures, it has chosen to hike the minimum support price (MSP) for Foodgrains, the reality is that prevailing market prices for almost all Foodgrains, oilseeds and cereals are way above even these newly announced prices. Therefore, despite the substantial hike in MSP for kharif crops, especially for pulses, the impact on both market and farmers’...

The reported decision of the Cabinet Committee on Economic Affairs taken at a meeting, chaired by Prime Minister Manmohan Singh, to keep the minimum support price of cotton unchanged for kharif season 2010-11 has left three million growers of the state unhappy. Vidarbha Jan Andolan Samiti president Kishore Tiwari said, "The prices were last revised in 2008-09 and during election year it were raised to Rs 3,000 a quintal more...

In a move expected to boost rural incomes but which will also impact retail prices, the government is set to raise minimum support price for the kharif season's rice crop from Rs 950 to Rs 1,050 a quintal while MSP for pulses is set to jump by between Rs 400-500. The rise in procurement price of pulses is seen as a significant bid to encourage cultivation of Foodgrains that are...