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Union Budget 2014: Food security act to continue

-The Times of India   The NDA government committed to continue UPA's flagship Food Security Act to ensure that the poor get wheat and rice at subsidized rates. The budgetary allocation has been increased to Rs 1.15 lakh crore in comparison to Rs 92,000 crore during the last financial year. Finance minister Arun Jaitley said, "Even if due to inadequate rainfall there is a marginal decline in agriculture production, stocks in the...

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Government to enhance efficacy of PDS -Gargi Parsai

-The Hindu The government on Thursday said it proposed to restructure the Food Corporation of India that procured, stored and distributed foodgrain to identified beneficiaries under the Targeted Public Distribution System. Presenting his budget proposals for the food sector, Union Finance Minister Arun Jaitley said the government was committed to reducing transportation and distribution losses and enhance the efficacy of the Public Distribution System. Food Security Act Although Mr. Jaitley did not mention the...

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BJP’s maiden budget disappointing for farmers -Jyotika Sood

-Down to Earth Jaitley continues with UPA schemes on agriculture, allocates more funds The maiden budget of finance minister Arun Jaitley is disappointing for farmers as it has nothing in its kitty to address the increasing farm stress and resolve the ongoing agrarian crisis in the country. The much-awaited budget of the Bharatiya Janata Party-led National Democratic Alliance (NDA) neither talks about assured farm income nor gives any remedy to reduce farm...

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agriculture sector gets a new lease of life -Madhvi Sally

-The Economic Times NEW DELHI: Finance Minister Arun Jaitley announced a price stabilisation fund, steps to set up a national market for farm produce, irrigation schemes, new agricultural universities as well as initiatives to increase warehousing and rural internet connectivity. Jaitley said food price volatility was a big concern, and announced a Rs 500 crore fund for farm price stabilization. He said the government wanted agriculture to grow although weak rainfall was a concern. Please...

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Prepare for a water-scarce future -Kota Sriraj

-The Pioneer India's water distribution and consumption systems must be sustainable, drought-proofed, and adapted to climate change. Then the country can move from ‘drought-relief' status to a position where it has relief from droughts The Indian Meteorological Department is still unsure of the timing and the intensity of El Niño, further raising the grim prospect of insufficient monsoons and an imminent drought poised to affect many parts of the country. According...

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