Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...

The government ignores the NAC, puts out a diluted draft bill on food security As many as 46 per cent of the malnourished children of the world—of whom at least 75,000 die every month—are in India. Another alarming official statistic—36 per cent of Indians live on less than Rs 20 a day. One would think figures like this would act as a reality check for a government that proudly chants...

Amid the furore over misappropriation of funds meant for development, the Comptroller and Auditor General (CAG) has proposed bringing all rural development programmes worth about Rs 90,000 crore under the ambit of the government auditor. Rural Development Minister Jairam Ramesh welcomed the proposition after he met CAG today to discuss the social audit of the government's flagship National Rural Employment Guarantee Scheme (NREGS) in all states. The minister said the matter would...

The government plans to pay `80 every year for three years to state-owned banks for each account they have for a beneficiary of the rural job guarantee scheme. This is expected to provide an incentive to lenders to ensure quicker delivery of wages under India’s flagship welfare programme. “We have made a proposal to the finance ministry that a public sector bank gets paid `80 per year for each MGNREGA (Mahatma Gandhi...

New tensions are emerging between the government and its think tank, with the food ministry making major changes to a National Advisory Council (NAC) draft of a new law slated to become the blockbuster social-security scheme of the United Progressive Alliance (UPA) government’s troubled second tenure. Key provisions of the national food security Bill, 2011, due to be introduced in Parliament’s next session starting 2 August, and estimated to cost the...