The government is planning to come up with a price protection fund to cushion the burden of food subsidy, which is expected to grow manifold under the new Food Security Bill. The proposed fund, under the ministry of food and consumer affairs, is a Budget proposal for 2012-13. Officials said the framework of the fund was at a nascent stage. “Some inferences are being drawn from the recommendation of National Farmers’ Commission...
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UPA makes its case for cash transfers by Remya Nair & Surabhi Agarwal
India moved a step closer to implementing cash transfers of direct subsidies and social welfare payments after a high-level panel presented the blueprint for effecting it through an Aadhaar-based payment gateway. Accepting the report, which details how all payments and cash transfers can be made electronically, finance minister Pranab Mukherjee indicated that it will be the key to plug leakages and ensure more targeted spending under the government’s social welfare programmes. The...
More »Jairam makes NREGA more agriculture-focused by Nirendra Dev
In a landmark decision, the Union rural development minister, Mr Jairam Ramesh, today announced that the flagship scheme MG-NREGA would be made more agriculture focused. “At least 28 new work lists out of 30 suggested by the Planning Commission member Mihir Shah committee is agriculture based. We will have the major recommendations for NREGA-2 implemented from April 1, 2012,” Mr Ramesh told reporters after receiving the report from Mr Shah. He,...
More »Difficult to digest by Jyotika Sood
After much debate, the Cabinet cleared the food security bill. Will it really ensure food for every Indian? THE Lokpal Bill debate may have ended in a fiasco but 2011 ended on a positive note for the Congress-led UPA government on another count. Its pet project, the National Food Security Bill (NFSB), was cleared by the Union Cabinet and introduced in Parliament. The bill seeks to address widespread hunger in the...
More »Farm technologies not reaching farmers: PM by Gargi Parsai
Farm technologies are not reaching farmers on the ground, Prime Minister Manmohan Singh observed here on Monday and said “it represents the failure of the system.” He was speaking at the Golden Jubilee convocation of the Indian Agricultural Research Institute (IARI) here. The annual farm growth rate was expected to be 3.5 per cent in the 12th Plan period ending this year, he said, but there was concern over the gap between...
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