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Food bill not to hurt coffers

-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...

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Cong eyes rich harvest from food security

-The Telegraph New Delhi: The Congress today indicated that the food security scheme would be its main electoral plank, describing it as the biggest ever government intervention in the world to fight hunger and malnutrition. President Pranab Mukherjee today signed the food security ordinance that entitles two-thirds of India's population to 5kg food grains every month at highly subsidised rates. The Centre plans to convert it into an act soon. Congress communications chief...

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Food Bill: Is a central food scheme necessary?

-The Business Standard TN, Chattisgarh already successful; Karnataka,MP,Odisha have announced schemes Food security today became a law. President Pranab Mukherjee gave his consent to the ordinance today morning. The Cabinet had already cleared the ordinance on Wednesday. With this, almost 800 million of India's 1.2 billion population may now be entitled to 5 kgs of foodgrain each a month at subsidized rates. Subsidized rates are--Rs 3 a kg for rice, Rs 2 a...

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Exclusion as policy -TK Rajalakshmi

-Frontline     Attempts by the Congress-led UPA government to adopt the ordinance route to pass the Food Security Bill fail as the opposition parties are more or less united in seeking a Bill that provides universal PDS coverage. THE National Food Security Bill (NFSB), 2013, touted as the biggest game changer for the Congress-led United Progressive Alliance (UPA) government in the 2014 parliamentary elections, will go through yet another round of discussions...

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National Food Security Mission has added to food production: Sharad Pawar

-The Economic Times NEW DELHI: The implementation of the National Food Security Mission (NFSM) has resulted in an increase in food grain production by 42 million tonne as against the target of 20 million tonne set for the Eleventh Plan. Agriculture and Food Processing Industries minister Sharad Pawar on Wednesday informed members of parliamentary Consultative Committee attached to his ministry that various interventions under NFSM have resulted in the distribution of almost...

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