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Food subsidy bill to rise by 27 p.c. this year

The country’s food subsidy bill is expected to jump by 27 per cent to Rs 74,231 crore in the 2010—11 fiscal, the Lok Sabha was told today. This is due to a rise in support price and higher Procurement and distribution of foodgrains via ratio shops. Last year, the government’s food subsidy bill stood at Rs 58,242.45 crore. “The amount allocated for food subsidy during 2010—11 is Rs 59,354.56 crore...Based on the actual...

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Rs. 2 a kg ration rice for all cardholders

Chief Minister V.S. Achuthanandan on Wednesday announced that the scheme for supply of ration rice at Rs.2 a kg would be extended to all cardholders, including APL cardholders, subject to certain conditions. People with high incomes and landholdings would not be eligible. Briefing the media on the Cabinet decisions, the Chief Minister said the Cabinet had approved the recommendations of the Ninth Pay Revision Commission with changes proposed by the Cabinet...

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Food output: Demand-supply paradigm by Shashanka Bhide

The new food security schemes point to the capacity of agriculture to produce more when the incentives are right. Supply of cheap foodgrains will trigger demand for other food products, which the farm sector will have to meet. The many rural development programmes in operation have complex effects on the rural economy. Programmes such as Bharat Nirman are expected to improve connectivity of markets, provide access to more efficient sources of...

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Farmers unlikely to get insurance for damaged crops by PJ Joychen

The farmers in the state, who had lost their crops to the recent rain and hailstorm, may not get any compensation from the present weather-based insurance scheme in the state as hailstorm is not covered under the policy. According to sources, the state has adopted the weather-based insurance in which the compensation is calculated on the basic parameters of temperature, rainfall and moisture levels. These parameters could be measured by...

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Bihar farmers upset over slow pace of paddy Procurement

Rice cultivators in Bihar are upset over the slow pace of Procurement of their produce by the Centre, as well state agencies. Against a target of procuring 12 lakh tonnes of paddy this year, just about 3.5 lakh tonnes have been purchased so far, sources in state food and civil supplies department said. The Procurement process will end by March 30. "I worked hard to grow paddy in my field. I pray to...

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