-The Hindustan Times The union cabinet has cleared the National Food Security Bill that seeks to provide rice at Rs 3, wheat at Rs 2 and Coarse Grains at Re 1 per kg to over half of India's 1.2 billion population. The bill seeks to cover 75% of the rural population and 50% of urban households and proposes the right of every individual to 7 kg of foodgrain. The cabinet didn't take up...
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Food Bill may be taken up by Cabinet today
-The Financial Express The Cabinet is likely to consider the National Food Security Bill which envisages subsidised foodgrain as legal entitlement for two third of the country's population on Tuesday. Once the Cabinet approves the bill, the food ministry will table in parliament during the current season. As per the food bill, 75% of the rural households will get subsidised grain and at least’ 46% households would be considered as ‘priority’ category, and...
More »Food prices remain steady during November, UN agency reports
-The United Nations Global food prices in November were virtually unchanged from October, and 10 per cent below their peak in February, the United Nations Food and Agriculture Organization (FAO) reported today. FAO’s Food Price Index level was 215 points last month – just two points, or one per cent, above its level in November 2010, according to a news release issued by the Rome-based agency. Cereal prices dropped by 3 points, or...
More »Food Ministry moves cabinet note on National Food Security Bill
-PTI The Food Ministry has moved a Cabinet note on the National Food Security Bill which aims to provide legal entitlement to subsidised foodgrains to two- third of the country's population, sources said. The proposed bill, which would cost the government exchequer Rs 94,973 crore a year in subsidies, may be taken up for the Cabinet discussion soon as the Centre is keen on introducing it in the ongoing session of...
More »India needs 30% of grains output for new food bill
-Reuters India is assuming grain purchases at around 30 percent of output in plans to expand its welfare programme, the food minister said, relying on increased yields and lower wastage to cover extra requirements and keeping exports on the agenda. "We have made the calculation (for the Food Security Bill) on the basis of the grains we can produce and procure. We will procure only 30 percent of our production, 70 percent...
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