-PTI NEW DELHI: To protect BPL families from price shocks due to supply constraints, Cabinet Committee on Economic Affairs (CCEA) is likely to consider tomorrow a proposal to relaunch a scheme to supply imported pulses at a highly subsidised rate for next six months. The CCEA may also take up a proposal to extend a scheme for distribution of imported edible oils at subsided rate to BPL families for one more year...
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Govt defers call on hiking sugar price
-The Times of India Keeping the festive season in mind, the Manmohan Singh government, which is on a reforms-fiscal correction mode, hit the pause button on Monday, deferring a decision on scrapping subsidy on levy sugar under the public distribution system (PDS) quota. Removing the subsidy would have meant a steep hike in the price of the commodity to Rs 23 per kg from Rs 13.50/kg. The relief is expected to last...
More »Repeating a mistake
-The Business Standard Govt controls will raise prices of pulses and oilseeds The food and consumer affairs ministry has proposed that stockholding limits on pulses and edible oils be retained for another year beyond October. In addition, it wants these curbs extended to rice, too. This is misguided, and will cause more problems than it wants to resolve. Instead of controlling prices, as is intended, these restrictions on trade will instead...
More »Monsoon revival unlikely to boost food production; food prices likely to go up- Rituraj Tiwari
-The Economic Times A late revival of monsoon may have narrowed the rain deficit to single digit (9%) but it is unlikely to help boost food grains production. "There would be a decline in the overall food grains production. There would be some drop in the production of pulses and coarse cereals," said Agriculture Secretary Ashish Bahuguna. He said the indication will start coming after the first advance estimates of the kharif...
More »CPI Demands Changes in Food Security Bill
-PTI Lashing at UPA government for coming out with "lopsided" food security bill, CPI today said the policy of Above Poverty Line (APL) and Below Poverty Line (BPL) should be done away with and every citizens should be given equal priced foodgrains. "We are protesting against the central government for coming up with a lopsided food security bill. CPI opposes such a bill," CPI Secretary, Jammu Regional Council, Dr G S Charak...
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