Congress President Sonia Gandhi has formally sent the proposed National Food Security bill to the government on behalf of theNational Advisory Council (NAC) that she chairs. Setting all doubts at rest about where she stands, the bill explicitly seeks that the subsidized rations be provided to at least 90% of rural population, and 50% of urban India. It urges the government to ensure that at least 46% and 28% of...
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Power centre or toothless body? by Akshat Kaushal
Why is the ruling party unable to pass 3 very important bills? The National Advisory Council draws its exalted status from the fact that UPA Chairperson Sonia Gandhi heads it. But its inability to get its way on three new Bills indicates that its influence is waning. A couple of weeks ago, the Sonia Gandhi-led National Advisory Council (NAC) cleared the drafts of two significant Bills — the Food Security Bill and...
More »Govt to adopt NAC food security target by Rajeev Deshpande
-The Times of India The government is set to accept the Sonia Gandhi-led National Advisory Council's recommendation to cover 75% rural and 50% urban population under a food security law, but wants to keep the percentages outside the language of the Act itself. UPA-2 is inclined to set the percentage of population covered in a notification or schedule accompanying the Act so that it can be revised by executive order...
More »Food Security Bill will be brought to Parliament shortly
-News on Air The Food Security Bill finalised by the National Advisory Council will be brought to Parliament shortly for approval. The draft bill entitles 75 percent of the population to highly subsidised food grains. It provides for people living Below Povery Line getting rice at three rupees a kilogram and wheat at two rupees a kilogram. The Bill proposes that general households will have the right to 20 kilograms...
More »Prices set for higher jumps by Gaurav Choudhury
The rise in food prices, with inflation at 9.06% in May, is more teary a problem than onions suggest. Macroeconomics managers, who safely steered the economy through the downturn, are perhaps grappling with the biggest economic crisis- persistently high food prices. Rising food inflation driven by costlier fruits and protein-based items such as milk, egg, meat and fish is putting policy makers in a spot of bother. Prices are not under...
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