-The Business Standard Sale price of Rs 3 per kg for rice, Rs 2 for wheat and Re 1 for coarse cereals will be revised every three years The National Food Security Bill is expected to be tabled in Parliament today, after being cleared by the Cabinet earlier this week. The Bill has said that it will be responsibility of the central government to provide assistance to the states in meeting the expenditure...
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Farmers' bodies flay food security Bill
-The Financial Express Leading economists who fear that the cost of the food security law on the exchequer would be much higher than estimated by the government have a seemingly unlikely ally - farmers' groups. A couple of national-level farmers' organisations have opposed the National Food Security Bill, saying it would "lead to nationalisation of agriculture by making the government the biggest buyer, hoarder and seller of foodgrains". Farmers' representatives from a...
More »Cabinet clears revised Food Bill-Gargi Parsai
-The Hindu The Union Cabinet on Tuesday cleared the National Food Security Bill that gives legal entitlement to 67 per cent population (including 75 per cent rural and 50 per cent urban) for subsidised grains under the Targeted Public Distribution System The Union Cabinet on Tuesday cleared the National Food Security Bill that gives legal entitlement to 67 per cent population (including 75 per cent rural and 50 per cent urban) for subsidised...
More »Finance red flag over 38% jump in food subsidy-Ravish Tiwari & Manoj CG
-The Indian Express The annual subsidy bill for the UPA’s proposed food guarantee law has been estimated at Rs 1,24,747.1 crore, 38.6 per cent over the budgeted food subsidy of Rs 90,000 crore for next year. An alarmed finance ministry is learnt to have red-flagged some major changes proposed in the original National Food Security Bill, sources said. It has objected to the proposal to do away with the original categorisation of beneficiaries...
More »Change in food security law lets govt raise prices-Ravish Tiwari and Manoj CG
-The Indian Express Mindful of the fiscal challenge the national food security law is likely to bring, the government proposes to give itself the option of raising the price of foodgrains three years after the law is rolled out. To ensure that the UPA’s showpiece welfare legislation is not grounded because of opposition from the states, the food ministry is set to drop the provision for setting up a National Food Commission...
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