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CAG pulls up govt for fixing foodgrain MSP

-The Economic Times The Comptroller and Auditor General (CAG) has said the government fixed the minimum support price of food grain crops in a skewed manner and also faulted it for following inadequate norms on buffer food grains to meet contingencies during the audit period of 2006-07 and 2011-12. In a report titled 'Storage Management and Movement of Food Grains in Food Corporation of India', tabled in Parliament on Tuesday, the CAG...

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Between mass hunger and bursting granaries-Agrima Bhasin

-The Hindu   A concern about the Food Security Bill is that legal entitlement has been weakened to mean a passive right to receive whatever the state gives The hallmark of the National Food Security Bill 2011 is that if implemented it will translate into India's first ever right to food legislation, guaranteeing food as a justiciable, legal entitlement to its people. However, in its current form, the Bill fails to evolve a...

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Women SHGs to get loans at lower rates - Elizabeth Roche

-Live Mint Cabinet clears proposal to give loans at 7% interest rate, and 4% if SHGs  repay loans within the stipulated period The federal cabinet has cleared a proposal to give loans to women self-help groups (SHGs) at 7% interest rate, cheaper than the existing 11.5-14%, bringing the cost of loans on a par with those given to farmers. SHGs that repay loans within the stipulated period will be eligible for loans at...

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Food Bill moved despite ruckus in Lok Sabha-Vinay Kumar

-The Hindu   Bill represents a shift from welfare-based approach to a rights-based one:Food Minister Amid the Opposition uproar in the Lok Sabha over allegations of corruption in the UPA government, the National Food Security Bill was taken up for consideration on Monday. When, after frequent disruptions, the House reassembled at 3 p.m., Girija Vyas, who was in the Chair, announced that the House would take up for further consideration the motion moved by...

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2,400 MT wheat rotting in govt granaries for past 2 years-Himanshi Dhawan

-The Times of India India may be facing the shame of 47% of its children suffering from malnutrition and about 30% of its population living below poverty line, but food continues to rot in government granaries. The Food Corporation of India (FCI) has admitted in data accessed through RTI that the amount of damaged wheat has increased from 2,010 million tonnes (MT) in 2009-2010 to 2,401.61 MT (2011-2012). The country has...

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