-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...
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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 »FDI in retail BJP's baby, we are trying to nurse it: Pranab
-The Times of India Taking a swipe at the BJP for not backing FDI in retail, finance minister Pranab Mukherjee on Thursday said the government was only trying to nurse the main opposition party's "baby" when it took the decision to allow FDI in retail. Replying to a debate in the Rajya Sabha on pRice rise, Mukherjee read from a 2004 interview of leader of opposition Arun Jaitley in which the senior...
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 »Wheat sown in over 171 lakh hectare
-The Economic Times The sowing of rabi crops has picked up. According to information received from the Ministry of Agriculture, wheat has been shown in 171.2 lakh hectare against 169.47 lakh hectare last year on this date. Area coverage of wheat compared to last year is higher by 1.73 lakh hectare. Higher coverage has been reported from Madhya Pradesh, Rajasthan and Haryana. Rice transplanting is in progress in Andhra Pradesh, Karnataka and Odisha....
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