In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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The inadequate food safety net -CP Chandrasekhar and Jayati Ghosh
-The Hindu Business Line/ NetworkIdeas.org With India experiencing a severe second wave of the Covid-19 pandemic, forcing decentralized lockdowns, a crisis of loss of jobs and livelihoods and resulting hunger is being reported from across the country. A reluctant central government has, therefore, been forced to revive the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), to distribute 5 kilograms of free foodgrain per person per month to the approximately 80 crore...
More »As thousands of migrants on move again, grain scheme for poor back -Harikishan Sharma
-The Indian Express The new version of the scheme does not, however, include an important component of last year's PM-GKAY – 1 kg pulses per month free to each household under the NFSA. With thousands of migrants headed back to their towns and villages amid lockdown-like restrictions in several big cities, the government on Friday said it was restarting the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) to provide additional 5 kg...
More »NITI Aayog recommends curtailing coverage under food security law to save on subsidies: Report
-Scroll.in The think tank has reportedly suggested cutting down coverage in rural areas from 75% of population to 60% and from 50% to 40% in urban areas. Government think tank NITI Aayog has recommended lowering the coverage of both rural and urban population under the National Food Security Act, 2013, to save up to Rs 47,229 crore annually, The Indian Express reported on Sunday. The recommendation, which is part of a discussion paper,...
More »A fiscal crisis: Why FCI needs provisioning in food subsidy budget -Sandip Das
-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to finance its operations. FCI is the central agency that manages procurement, storage...
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