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RBI sanctions Rs 21K crore: Punjab gets CCL for wheat procurement

-The Indian Express The Central government has fixed the Minimum Support Price (MSP) of wheat at Rs 1975 per quintal, hiking it by Rs 50 from last year’s Rs 1925 per quintal. Chandigarh: Ahead of the wheat procurement that starts from April 10 in the state, the Reserve Bank of India (RBI) on Monday cleared a sum of Rs 21,658.73 crore towards Cash Credit Limit (CCL) up to end April, 2021 for...

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Mandi prices rule below their minimum support prices as rabi arrivals peak

-Financial Express While wheat prices may firm up once the official procurement begins in all the producing states, the government will have to implement a robust procurement system for other crops to support the prices fetched by farmers. Mandi prices of most rabi crops ruled below their minimum support prices (MSPs) during the last month, even as more than half of the winter crop has been harvested (see chart). While wheat prices...

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Centre praises Rajasthan’s achievements in ration card scheme

-The Hindu Make the process for procurement of wheat offline in current season, says Jaipur . JAIPUR: The Centre has praised the achievements of Rajasthan in the implementation of “one nation, one ration card” scheme to enable the migrant workers and their family members access the benefits of PDS from anywhere. Rajasthan is the 12th State to successfully undertake the reform. Union Food Secretary Sudhanshu Pandey, who was on a visit to the...

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Centre tells worker welfare boards not to distribute items, stick to DBT

-The Hindu Aid to be transferred to bank accounts The Centre has ordered State welfare boards for building and other construction workers (BOCW) not to distribute household and other articles to workers and instead stick to transferring monetary assistance into their bank accounts. The Labour and Employment Ministry said in a statement on Thursday that it issued an order to States on Monday directing the boards not to distribute articles. The BOCW boards...

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Let’s strengthen and not dilute the National Food Security Act -Himanshu

-Livemint.com * We must widen its coverage to feed the needy instead of letting subsidy reductions get the better of it * Subsidy reduction is a key aim of Niti Aayog’s proposal to reduce food-security coverage, but our subsidy level is not as high as it looks and the move could thwart efforts to achieve nutrition goals A recent discussion paper by the Niti Aayog has suggested a reduction in the coverage of...

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