-The Economic Times The Comptroller and Auditor General (CAG) has said the government fixed the minimum support price of food grain crops in a skewed manner and also faulted it for following inadequate norms on buffer food grains to meet contingencies during the audit period of 2006-07 and 2011-12. In a report titled 'Storage Management and Movement of Food Grains in Food Corporation of India', tabled in Parliament on Tuesday, the CAG...
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Why India's welfare plans are anti-poor-Laveesh Bhandari
-The Business Standard A CACP study shows how the Fisc, rising farm wages and international forces are stoking inflation It's good to see that independent thought is still present in the government. When one part of the government comes out with a serious and objective piece on how the government itself has been responsible for creating food inflation, hopefully the government is more likely to take note. The Commission for Agricultural Costs and...
More »Prof. Reetika Khera, Development economist IIT Delhi interviewed by Sreelatha Menon
-The Business Standard Indian Institute of Technology-Delhi professor and development economist Reetika Khera tells Sreelatha Menon that the food Bill may not be a leap ahead, but it is certainly a step forward * The food Bill is a guarantee for lifelong dependence on government doles. As an economist, can one defend such a policy? The food Bill should be seen as an investment. "Labour" is India's most important asset. In that sense,...
More »Cabinet clears revised Food Bill-Gargi Parsai
-The Hindu The Union Cabinet on Tuesday cleared the National Food Security Bill that gives legal entitlement to 67 per cent population (including 75 per cent rural and 50 per cent urban) for subsidised grains under the Targeted Public Distribution System The Union Cabinet on Tuesday cleared the National Food Security Bill that gives legal entitlement to 67 per cent population (including 75 per cent rural and 50 per cent urban) for subsidised...
More »Cabinet approves revised Food Security Bill
-Zeebiz Bureau The Union Cabinet on Tuesday cleared revised Food Security Bill which seeks to protect 2.43 crore poorest of poor families under the Antodaya Anna Yojana (AAY) by continuing supply of 35 kg foodgrains per month per family. The amendments in the Bill have been suggested after taking into account the recommendations of the Parliamentary Standing Committee. In the original Bill, introduced in December 2011 in the Lok Sabha, the government had...
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