-PTI NEW DELHI: Backing the government's stance on food subsidy at the WTO, India Inc today said it is important to ensure legal entitlement of low-cost ration to the poor in order to achieve all-round development. "For us in India, we have to ring-fence the interest of subsistence farmers and poor by procuring grains at minimum support price (MSP) and ensuring legal entitlement of low-cost ration to the poor," Assocham President Rana...
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Government expects bumper crop this year on good monsoon
-PTI NEW DELHI: India is expected to harvest bumper crop this year based on estimates of higher food grains production in Kharif (summer sown) and hopes of better Rabi (winter) crop with enough water in reservoirs, Finance Minister P Chidambaram said today. He also said that the agriculture credit has grown by 12.1 per cent during April-August period of this fiscal. "On agriculture, we estimate this would be a very good year. The...
More »The WTO is destroying Indian farming -Devinder Sharma
-The Hindustan Times The double standards are clear. In 2012, the US provided $100 billion for domestic food aid, up from the $95 billion it spent on feeding its 67 million undernourished population in 2010 including spending on food coupons and other supplementary nutrition programmes. In India, the Food Bill is expected to cost $20 billion and will feed an estimated 850 million people. Against an average supply of 358kg/person of...
More »Food subsidy issues need to be addressed: WTO
-The Hindu Concern over procurement and distribution of subsidised foodgrains Asserting that India would soon be breaching its Aggregate Measurement of Support (AMS) commitments to WTO (World Trade Organization) due to its new food security programme, the newly-elected Director-General, Roberto Azevedo, on Monday, sought a positive solution to the issue before the Bali Ministerial to be held in December as some countries had expressed concern over the procurement and distribution of highly...
More »FCI fully prepared for implementation of Food Law: Thomas
-PTI NEW DELHI: FCI, the nodal agency for procurement and distribution of foodgrains, has sufficient stock to ensure smooth implementation of the landmark food security law, Food Minister K V Thomas said today. After a review of Food Corporation of India, he expressed satisfaction that it has been taking steps to modernise the public distribution system and said that it has sufficient stock to meet the requirement under the new food law,...
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