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Law to ensure cheap grain for poor

The government will enact a legislation to ensure subsidised wheat and rice to the poor, finance minister Pranab Mukherjee said at a seminar titled Bringing Green Revolution to Eastern States. “We are committed to enacting a legislation on food security (called National Food Security Act). But to make it successful, we need to produce more, procure more and strengthen the delivery mechanism for making foodgrain accessible to the poor at affordable...

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Union Ministry To Provide Diesel Subsidy To Farmers

The United Progressive Allianace (UPA) government at the Centre has asked the Union Agriculture Ministry to provide diesel subsidy to farmers along with the Minimum Support Price (MSP). Minister of State for Petroleum Jitin Prasada announcing the new method said, now the government wants to provide compensation to farmers on diesel along with the MSP. Mr Prasada asked his ministry to consider making a provision for the increased price of diesel, while...

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Rain hope rests on statistics

Weather scientists today pinned their hopes for a surge in the monsoon’s advance over central and northern India on a feeble low pressure system over the northwestern Bay of Bengal and on statistics. India has received 16 per cent rainfall, which is below normal during the first month of the season, and 31 of the country’s 81 water reservoirs are filled to less than 50 per cent of the normal capacity. But...

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NAC seeks universal inclusion under food security legislation by Liz Mathew

A panel of experts that sets the Congress-led United Progressive Alliance administration’s social agenda is likely to reject a draft law to offer cash compensation to the poor, who do not receive their quota of subsidized foodgrain. Members of the National Advisory Council (NAC), which is led by Congress president Sonia Gandhi, insisted during a Thursday meeting that the entitlement should be universal, instead of being restricted to families below the...

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Poverty up, poverty down by D Tushar

In April, India’s Planning Commission accepted recommendations put forth by the so-called Tendulkar Committee on a new poverty headcount for the country. Constituted by the Planning Commission under economist Suresh D Tendulkar, the committee, after four years and a new methodology, arrived at a new figure for the number of Indians living below the poverty line: 37.2 percent, ten points higher than the previous official figure. With the government’s subsequent...

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