In a bid to smoothen the distribution of Foodgrain across the country, Prime Minister Manmohan Singh has approved the developing of a National Foodgrain Movement Plan that will tie up with the UPA government’s ambitious food security law, sources said. To be implemented by the Ministry of Food and Public Distribution, in collaboration with Indian Railways, the plan was recently discussed between the PM and MoS, Consumer Affairs, Food and Public...
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World food prices to remain high by Dilip Kumar Jha
FAO forecast of generally tight situation for most crops and commodities over next 18 months. Consumers are unlikely to get relief from high food prices till December 2012, despite a modest increase in global Foodgrain production. High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012, says a report of the Food and Agriculture Organisation of the United Nations. The next few months...
More »How much will cash transfer cost? by Himanshu
Last week, a group of 40 economists wrote an open letter to United Progressive Alliance (UPA) chairperson Sonia Gandhi arguing for cash transfer as a mode of delivery for the proposed National Food Security Act (NFSA). The letter was carried in detail in several newspapers including Mint. The good thing is that there is now almost a consensus, at least among economists, that whatever be the mode of delivery of subsidy,...
More »Food bill does a balancing act by Zia Haq and Prasad Nichenametla
The food ministry has prepared a new food security bill, reworking an earlier version and reconciling what had been “promised to the people” by the ruling Congress and the government’s fiscal constraints, MoS for agriculture KV Thomas has told HT. In August last year, the UPA government had pulled the plug on a previous draft, after it was found wanting by the Congress leadership. The Sonia Gandhi-led National Advisory Council, which oversees...
More »Govt to provide 5 million tonnes of Foodgrain to APL families
-PTI The government plans to provide an additional 5 million tonnes of wheat and rice to above poverty line (APL) families at subsidised rates through ration shops, food minister KV Thomas said on Wednesday. The additional allocation, which would be over-and-above the normal quota under the Public Distribution System (PDS), would provide relief to the common man and also help the government in clearing godowns for storage of new crops. The government...
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