The Food Security Bill is unlikely to see the light of the day this fiscal. According to agriculture minister Sharad Pawar, though the UPA government is committed to providing food security to all, the below poverty line (BPL) math and elaborate procedure required to draft this law will take another 8-10 months. Speaking in the capital on Thursday, Pawar said: “The procedure involves incorporation of statistics from Planning Commission about BPL...
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Centre allows export of wheat products for a year by Gargi Parsai
The Centre will allocate additional quantities of wheat and rice for ration card holders at rates lower than the minimum support price (MSP), but higher that the issue price, under the public distribution system. The allocations would be made from June. At the same time, the government on Wednesday allowed export of wheat products like rava, sooji and maida, much in demand by expatriate Indians, for a year till March 31,...
More »More rice, wheat for ration card holders by Sangeeta Singh and Sanjiv Shankaran
An empowered group of ministers headed by finance minister Pranab Mukherjee decided to release an additional 500,000 tonnes of wheat and rice every month for sale to ration card holders for the next six months, according to agriculture minister Sharad Pawar. The move is aimed at reining in prices and curbing inflation and will cost the government an estimated Rs2,000 crore. The group met on Wednesday to discuss foodgrain availability...
More »Ensure long run for food coupons by Shanto Ghosh
SINCE THE RELEASE OF THE ECONOMIC Survey, 2010, in February, much has been discussed — but far less debated — on the issue of substituting India’s public distribution system (PDS) with a food coupon-based targeted subsidy programme to benefit the below-poverty-line (BPL) families. As a leading proponent of this programme, the economic adviser to the finance ministry, Kaushik Basu, has gone on record advocating the use of food coupons declaring...
More »A Bellyful Of Proposals by Bhavdeep Kang
THE FLAGSHIP scheme of UPA II, the proposed National Food Security Act (NFSA), has become a policymaker’s nightmare. If suggestions by the Finance Ministry (reportedly at the instance of Congress President Sonia Gandhi) and the state governments are incorporated, the yearly food grain requirement would be close to 80 million tonnes. But considering food grain procurement in an average year is 40 to 41 million tonnes — half the amount...
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