-The Times of India NEW DELHI: The government is ready with a contingency plan to deal with below normal rains this monsoon with a series of steps including diesel subsidy for farmers in the rain-deficient districts, crop loans at lower rates and release of foodgrains to deal with a possible shortage. Amid reports of below normal rains, the agriculture ministry presented the plan for 500 districts during a meeting called by Prime...
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Farmers look for green shoots-Ajay Vir Jakhar
-The Business Standard They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...
More »15 ration shops sealed
-The Times of India NEW DELHI: The Delhi government is cracking down on hoarding, diversion and black-marketing of food grains. As many as 209 fair price shops (FPS) were inspected over three days, 15 of which were sealed. Criminal cases have been registered against some transporters and FPS owners involved in diversion of food grains. Raids were held from May 24 to May 26, food commissioner S S Yadav said. Teams tracked...
More »Tablet cop to stop food theft-Sudhir Kumar Mishra
-The Telegraph Ranchi: Jharkhand has started to digitise its public distribution system (PDS) as a part of the National Informatics Centre's (NIC) pan-India initiative to monitor foodgrain theft, but for now only on a pilot basis across six blocks of as many districts. Part of the larger Rs 160-crore central project, Jharkhand is starting with distributing tablets and hand-held computers to 200 of the state's 22,500 PDS dealers in blocks of Ormanjhi...
More »El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu
-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
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