-The Hindu The hostility to the UPA's food security Bill from both its allies and the Opposition stems not from substantial objections to the draft law itself but from other political grouses The decision to bring an ordinance to provide food security to 67 per cent of the country's population was received with much hostility by the Opposition parties last week. The latter seemed surprised that the United Progressive Alliance (UPA) could...
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CCEA okays sale of 10.5 mn tonne FCI foodgrains in open market
-PTI NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) today cleared the Food Ministry's proposal to offload 10.5 million tonnes of FCI foodgrains in the open market to control retail prices. However, the proposal on allowing extra 2 million tonnes of Wheat Export through public sector trading agencies was not listed on the CCEA agenda for discussion. "The CCEA has approved allocation of 10 million tonnes of wheat and 0.5 million tonnes...
More »Govt defers decision on Wheat Exports: KV Thomas
-Reuters NEW DELHI: The government has deferred a decision on allowing additional wheat for overseas sales, Food Minister KV Thomas said on Friday, without giving any reason for the decision. Thomas told Reuters in an interview on Wednesday that the cabinet would be considering the step on Friday. But the government has approved a proposal to sell 10.5 million tonnes of wheat and rice in the open market to ease prices. "The government has...
More »Most states can’t stock food grains for more than a month -Pradeep Thakur
-The Times of India NEW DELHI: With the UPA government serious about implementing the Food Security Bill, the Committee on Public Undertakings, headed by Congress's Jagdambika Pal, will take up for discussion on Monday a recent report of the Comptroller and Auditor General (CAG) on the assessment of food grain management across the country. The auditor's report paints a grim picture on the states' lack of capability to manage operational stock of...
More »How to reduce our rotting mountains of grain
-The Economic Times India's GDP growth has almost halved from 9.2% in 2010-11 to 5% in 2012-12. Major problems include a high current account deficit, high fiscal deficit, and lack of bank credit for small and medium enterprises. All three problems can be mitigated substantially by one single measure - reducing excess food stocks. So say Ashok Gulati and Surabhi Jain, chairman and joint director respectively of the Commission for Agricultural...
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