-IANS For the first time since its creation in 2000, Jharkhand has produced more Kharif food grain than it consumes at a record 55 million tonnes -- almost double compared to previous years. "We expect the Rabi production to be around 10 million tonnes," an agriculture department official told reporters. The total consumption of food grain in Jharkhand is around 50 million tonnes. As per record, the state has been producing 24-33 million...
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Digitisation helps weed out 2.96 crore bogus ration cards by Gargi Parsai
Centre convenes meeting of State Food Ministers on PDS modernisation A concerted move by the Centre to encourage the States to digitise ration cards has enabled it to weed out 2.96 crore bogus ration cards from the public distribution system. Of an estimated 10.56 crore ration cards, the number of cards has come down to 7.6 crores, Union Minister of States for Food and Consumer Affairs K.V. Thomas told journalists here. Bogus...
More »Food Security Bill tabled in Lok Sabha by Aarti Dhar
The much-awaited National Food Security Bill, 2011, which makes cheaper foodgrains a legal entitlement to 63.5 per cent of the country's population, was tabled in the Lok Sabha on Thursday. The Bill was introduced by Food Minister K.V. Thomas in the presence of Congress president Sonia Gandhi, who has been keen on ensuring that the law is enacted. It seeks to “provide food and nutritional security by ensuring access to adequate...
More »FDI in retail can enrich 650 million Indians for inclusive growth
-The Economic Times The entire political opposition to allowing overseas investment in retail is focused on the assumed plight of traders and small merchants in India. How about consumers, who outnumber sellers by many multiples? And what about farmers, the bulk of India's population? The idea of organised retail is to get quality stuff to buyers at reasonable prices. To do that, retailers employ technology, storage and logistics to cut overhead...
More »Cabinet approves 51 per cent FDI in multi-brand retail by Sujay Mehdudia
FDI in single-brand retail raised from 51 to 100% In a bid to remove the impression that UPA-II is suffering from a “decision making paralysis” and kicking off the second generation reforms, the Union Cabinet on Thursday gave its approval for 51 per cent foreign direct investment (FDI) in multi-brand retail and 100 per cent FDI in single-brand retail. The decision is likely to clear the decks for the entry of foreign...
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