-The Hindu State government likely to include it in scheme in August Bangalore: Wheat is expected to be part of the State government's scheme to supply foodgrains at Re. 1 a kg. In fact, details on the demand for wheat is being collated from all the districts. The sale of rice for the benefit of people living below the poverty line, apart from those covered under the Antyodaya scheme (poorest of the poor),...

-PTI NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) today cleared the Food Ministry's proposal to offload 10.5 million tonnes of FCI foodgrains in the open market to control retail prices. However, the proposal on allowing extra 2 million tonnes of wheat export through public sector trading agencies was not listed on the CCEA agenda for discussion. "The CCEA has approved allocation of 10 million tonnes of wheat and 0.5 million tonnes...

-Reuters NEW DELHI: The government has deferred a decision on allowing additional wheat for overseas sales, Food Minister KV Thomas said on Friday, without giving any reason for the decision. Thomas told Reuters in an interview on Wednesday that the cabinet would be considering the step on Friday. But the government has approved a proposal to sell 10.5 million tonnes of wheat and rice in the open market to ease prices. "The government has...

-The Economic Times India's GDP growth has almost halved from 9.2% in 2010-11 to 5% in 2012-12. Major problems include a high current account deficit, high fiscal deficit, and lack of bank credit for small and medium enterprises. All three problems can be mitigated substantially by one single measure - reducing excess food stocks. So say Ashok Gulati and Surabhi Jain, chairman and joint director respectively of the Commission for Agricultural...

-The Business Standard Time to question the assumptions behind the food Bill In the midst of all the politicking as to how and when the draft food security Bill will become law, one thing at least is clear: the United Progressive Alliance (UPA) intends to push forward with the much-criticised legislation. UPA-II has little to show for four years in power, and perhaps it imagines that the Bill will somehow alter the...