-The Business Standard Food security cannot be ensured by FCI and the existing PDS Successive drafts of the food security Bill seem to agree on one thing: a greater role for the Food Corporation of India (FCI). FCI buys grains at the minimum support price and distributes them through fair price shops and other food-related schemes like midday meals in schools and children’s nutrition as part of the Integrated Child Development Services....
More »SEARCH RESULT
Total Matching Records found : 196
Food subsidy bill shoots up by a whopping of Rs 34,738 cr by Prabha Jagannathan
The Centre's food subsidy bill, incurred mainly on account of reimbursemnet of economic costs to theFood Corporation of India for grain procurement, holding and transportation, has shot up by a whopping Rs 34,738 crore compared to the budgetary allocation for 2011-12. This is mainly due to government buys of a record foodgrain crop in the 2010-11 agricultural year (july-june).The original subsidy for the year was estimated at Rs 47,239.8 crore....
More »Cash crisis threat to record harvest by Samar Halarnkar
Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...
More »Prof. Reetika Khera interviewed by The Economic Times
Matter begins: What is the impact of the National Rural Employment Guarentee Act on rural wages? That is the question that the pundits are asking today. It's a query which feeds into a larger question. Six years have passed since NREGA became a legal reality. What is its village-level impact? It's a complex question to answer. NREGA undertakes to provide employment to anyone who asks for it. Which makes it...
More »Overreaching? by Pratap Bhanu Mehta
The latest Supreme Court order appointing two former justices to superintend the special investigation team (SIT) on black money is a serious indictment of government. It reflects a widespread sentiment about the laws of government motion: government is a body that will not move unless compelled by an external force. A shameless government is provoking a thousand saviours to step in and save the country. The Supreme Court is, rightly,...
More »
