The prospects of a bumper foodgrain yield during the monsoon have considerably dimmed as the threat of cyclone looms large and heavy rains continue to batter several coastal districts. Standing crop spread over an estimated 2.83 lakh hectares (a little over 7 lakh acres), according to preliminary estimates, is under water in six coastal districts. The extent could be much higher after the assessment of the damage is complete. A cyclonic...

While the National Advisory Council (NAC), Planning Commission and the Prime Minister Office are grappling over the proposed National Food Security Bill, the government has been steadily increasing allocation under the Targetted Public Distribution System (TPDS) during last many years. According to Siraj Hussain, chairman and managing director, Food Corporation of India (FCI), with the rise in procurement of wheat and rice by the corporation during last few years, more and...

Ensure proper distribution to targeted PDS beneficiaries The Supreme Court on Monday wanted the Centre to ensure that there was no further wastage of foodgrains and that there was proper distribution to the targeted beneficiaries. Justice Dalveer Bhandari, hearing a Public Interest Litigation petition on streamlining the Public Distribution System, told Additional Solicitor-General Mohan Parasaran, who said the wastage was 7,000 tonnes and not 70,000 tonnes: “Enough is enough. We don't want...

Public uproar over 20 suicides in two months has forced the Andhra Pradesh government to act to regulate micro-finance institutions. On October 14, the state government brought an ordinance making it compulsory for MFIs to register themselves, declare the effective rate of interest they charge, ensure that no security is sought for loans and no coercion is used for recovery. Non-compliance will be punished with a three-year prison term and a...

Shortage of godowns for storing the kharif paddy is turning out to be a major issue, as millers expressed their inability to procure the commodity in the absence of adequate storage space. Chief Minister K. Rosaiah has convened an all-party meeting on Monday to elicit their views on procurement-related issues and brief them about the Government's preparedness to meet the farmers' rabi requirements. PM to be briefed A delegation of Congress leaders is...