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When friends and foes are all the same-MK Venu

-The Hindu The hostility to the UPA's food security Bill from both its allies and the Opposition stems not from substantial objections to the draft law itself but from other political grouses The decision to bring an ordinance to provide food security to 67 per cent of the country's population was received with much hostility by the Opposition parties last week. The latter seemed surprised that the United Progressive Alliance (UPA) could...

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12th plan yet to be officially printed, but Panel wants states to be ready for mid-term appraisals -Vikas Dhoot

-The Economic Times NEW DELHI: India's much-delayed Twelfth Five-Year Plan is yet to be officially printed, but the Planning Commission has already begun asking states and ministries to start gearing up for the mid-term appraisals for this Plan period, leaving most of them bewildered. This Five-Year Plan started in April 2012, but the strategy document for the Plan was finalised and approved by National Development Council in late December that year -...

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Food ordinance has controversial force majeure clause-Sanjeeb Mukherjee

-The Business Standard Clause empowers both Central and state govts from their obligation to provide subsidised food in the event of war, flood, drought, fire, cyclone or earthquake The government included much-debated 'force majeure' clause in the Food Security Ordinance, despite opposition from civil socieity and a Parliamentary standing committee. However, the clause can now only be invoked if the Central government in consultation with the Planning Commission decides as to whether such...

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Food price rise pushes demand for pre-cooked, ready-to-eat food items-Mahesh Kulkarni

-The Business Standard Fear of bad monsoon has suddenly hiked vegetable and fruit prices by about 300% from the farm to your dining table Bangalore: Steep rise in prices of fruits and vegetables has resulted in over 55% of middle and low-income group families opting for pre-cooked and ready-to-eat food items to keep the kitchen Budget intact, according to a survey. "The fear of bad monsoon has suddenly hiked the vegetables...

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Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus

-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...

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