-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...
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Cabinet approves revised Food Security Bill
-Zeebiz Bureau The Union Cabinet on Tuesday cleared revised Food Security Bill which seeks to protect 2.43 crore poorest of poor families under the Antodaya Anna Yojana (AAY) by continuing supply of 35 kg foodgrains per month per family. The amendments in the Bill have been suggested after taking into account the recommendations of the Parliamentary Standing Committee. In the original Bill, introduced in December 2011 in the Lok Sabha, the government had...
More »Centre plans to cut grain entitlement -Gargi Parsai
-The Hindu Despite severe opposition from civil society groups, the Union government has decided to cut the entitlement of a beneficiary to subsidised grain from 7 kg a month (as provided in the National Food Security Bill) to 5 kg under the Public Distribution System, as recommended by the Parliamentary Standing Committee on Food. But it will continue providing the 2.3 crore beneficiaries of the Antyodaya Anna Yojna (the poorest of the...
More »'Rural wage hike pushing inflation, posing challenge for RBI'
-PTI About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is...
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...
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