-The Hindu Business Line The risk of water availability is a painful reality in south Asian agriculture including India. Any deviation from the monsoon causes problems for the farm community and poses threat to food security in the region. The variability in precipitation in India has actually increased in recent years. While comparing the variability of precipitation (given by standard deviation) between two phases, 1950-75 and 1976-2010, in two geographically dispersed districts...
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Food subsidy can fill poverty gap, twice-Puja Mehra
-The Hindu Union Finance Minister P Chidambaram's estimate for India's 2014-15 food subsidy bill of Rs 1,15,000 crore in the interim budget is more than twice of India's Poverty Gap, or the cost of pushing all households above the poverty line if Cash transfers were used instead. The Poverty Gap for India, as per the latest NSSO Consumption Expenditure Survey data available (for the year 2011-12) is Rs. 55,744 crore. A...
More »National Food Security Act a landmark legislation, says IMF
-PTI WASHINGTON: The International Monetary Fund today described India's National Food Security Act as a landmark legislation which is an important effort to ensure that a majority of the population has access to adequate quantities of food at affordable prices. "The legislation is a landmark, representing the largest food security programme in the world, involving the distribution of subsidised grain to two-thirds of India's population of 1.2 billion," the IMF said in...
More »Aadhaar-based LPG subsidy put on hold-Jyotika Sood
-Down to Earth Cap on subsidised cylinders raised to 12 per year In a Cabinet meeting on Thursday, the Congress-led UPA government at the Centre decided to suspend its ambitious project of transferring subsidy on LPG cylinders directly into the accounts of consumers. To avail the subsidy, all consumers were required to get their Aadhaar or unique identification number linked to their LPG consumer number and bank accounts. Besides, the Centre has...
More »‘Strengthen PDS instead of promoting Cash transfers’-V Sridhar
-The Hindu Protect interests of farmers while safeguarding ecology, he says Kochi: Agriculture has become a "legal responsibility" of the state following the enactment of the Food Security Act, eminent agricultural scientist M.S. Swaminathan said on Thursday. Delivering the inaugural address at the Tenth Anniversary conference of the Foundation of Agrarian Studies here, Prof. Swaminathan said, "Right to Food can be implemented only with home-grown food." Observing that public procurement of coarse cereals was...
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