-PTI   Food minister KV Thomas said that apart from raising foodgrains production, the country needs modern storage facilities on the lines of China to sustain the implementation of new food bill provisions.  The draft National Food Security Bill, which is likely to be introduced in the winter session of Parliament, seeks to provide legal entitlement to subsidised foodgrains to 75 per cent of the country's rural population and 50 per cent of...

-The Business Standard Yes, it will help combat the acute shortage of farm labour, but it goes against the Act’s core principles. Devinder Sharma  Food and agricultural policy analyst The crisis in agriculture has worsened and it is directly proportionate to the spread of MNREGA Isn’t it strange? The Mahatma Gandhi Rural Employment Guarantee Act (MNREGA), which was primarily designed as a radical and novel response to combat rural poverty, is actually hitting the very...

The underlying assumption of the proposed Land Acquisition Bill seems that the price paid to farmers is unreasonably low due to dominant power of industrial buyers, requiring government intervention. The draft, however, may neither accelerate the pace of land acquisition for industry nor overcome the psychological barriers of landowners that impede land transfers. First, the psychological barriers that limit supply. One of the main reasons for the farmers’ (and land dependents’)...

Makes case for Attorney General’s argument before SC. With the battle over identifying India’s poor moving to the Supreme Court, the Planning Commission has told Attorney General G Vahanvati that the controversial poverty line will not determine the Centre’s liability on subsidised food, but instead will be based on the eligibility limit in the proposed Food Security Act. “The Central government’s liability will be capped, but the cap will not be the...

-NDTV Profit   Some of India’s biggest and most-respected entrepreneurs have released an open letter to the government. The group which includes Wipro’s Azim Premji, Anu Aga of Thermax and HDFC's Deepak Parekh, refers to the anti-corruption Lokpal Bill that is meant to be introduced soon in Parliament. The industrialists write, “The Lokpal Bill is only one small but critical step in the national task of weeding out the plague of corruption...