An Empowered Group of Ministers (EGoM) on Food is scheduled to meet today to discuss the proposed National food security bill and take a view on the suggestions made by the Sonia Gandhi-headed National Advisory Council (NAC) and Rangarajan Committee. According to sources, the Food Ministry will place the reports of both the NAC and the Prime Minister's panel headed by PMEAC Chairman C Rangarajan before the EGoM for guidance. The Rangarajan...

A member of the Sonia Gandhi-headed National Advisory Council today said the delay in enacting the food security law amounted to “corruption”. “The food security bill is delayed. This is corruption,” Aruna Roy said at a seminar here, strongly pitching for legal guarantees on food security to every citizen in the country. The draft bill finalised by the NAC seeks to provide subsidised grain to up to 75 per cent of the...

Bumper wheat crop poses new headaches Paradox Of Plenty     * Wheat projection of 84.27 million tonnes hit mandi prices     * Farmers await price revival; govt buys much below last year     * Wait for eGoM on exports as global demand, prices are higher     * Govt storage capacity already tight; fear of damage prevails     * Food security scheme launch to raise stock requirements *** It’s been a nerve-racking week for Brijesh Singh. The 34-year-old...

Resurgent food prices, which rose by 10% on average in many regional economies in Asia this year, can push an additional 64 million people into extreme poverty, an Asian Development Bank (ADB) report says. The study, titled, 'Global Food Price Inflation and Developing Asia', by the multilateral lending agency, finds that a 10% rise in domestic food prices could push an additional 64 million people, out of 3.3 billion people living...

Ahead of a crucial meeting, on the coming Monday, of a group of ministers to finalise the food security bill, a consensus is emerging on a dual system of subsidy. This is that families below the poverty line (BPL) be given food subsidy through direct cash transfer. And, those above the poverty line (APL) be distributed foodgrains at a level equal to the minimum support price (MSP) offered to farmers, which...