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Centre outlay to UP hiked, SP on board on food Bill -Pankaj Shah

-The Times of India LUCKNOW: Within a day of the UPA government raising financial assistance to Uttar Pradesh by 20%, the Samajwadi Party did a volte face on the food security Bill saying it won't oppose it in the monsoon session of Parliament. Until now, SP chief Mulayam Singh Yadav was fiercely combative against the Bill saying it was against the interest of farmers. "Why would we oppose the Bill? We are...

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Food Security: Delhi to Cover 5 Lakh People in Phase-I

-Outlook New Delhi: Over five lakh families in Delhi will be provided food grains initially under the ambitious food security programme which will be launched here on August 20, the birth anniversary of former Prime Minister Rajiv Gandhi. Chief Minister Sheila Dikshit, who has already announced that Delhi will be the first city to roll out the scheme, today held lengthy meeting with top brass of her government to finalise modalities to...

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World cereal production set to reach historic high in 2013 –UN food agency

-The United Nations Global cereal production is expected to increase by 7 per cent in 2013 compared to last year, the United Nations food agency said today, but warned that in spite of a boost in supply, various regions including Central Africa, West Africa and Syria are still affected by food insecurity. In its Crop Prospects and Food Situation report, the Food and Agriculture Organization (FAO) forecasts that cereal production this year...

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Food ordinance has controversial force majeure clause-Sanjeeb Mukherjee

-The Business Standard Clause empowers both Central and state govts from their obligation to provide subsidised food in the event of war, flood, drought, fire, cyclone or earthquake The government included much-debated 'force majeure' clause in the Food Security Ordinance, despite opposition from civil socieity and a Parliamentary standing committee. However, the clause can now only be invoked if the Central government in consultation with the Planning Commission decides as to whether such...

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Food bill not to hurt coffers

-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...

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