Drought impacted agricultural production but not farm incomes. The year 2009-10 was supposedly a bad year for Indian agriculture, given the worst ever monsoon since 1972. This is partly reflected in the 0.2 per cent growth registered by the farm sector (inclusive of forestry and fishing) in real terms, as per the Central Statistical Organisation's latest Revised Estimates of gross domestic product (GDP) for last fiscal. The virtual stagnation in agricultural output...
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Record wheat output likely, Centre upbeat by Gargi Parsai
With expectations of a record wheat production this year (2009-10), the Union government is upbeat about providing food grains to the Below Poverty Line (BPL) families on a sustained basis under the proposed National Food Security Bill. “Despite the drought caused by (-) 23 per cent rainfall during the kharif season this year, farmers have maintained a production of 170.29 million tonnes of rice and wheat… which calls for satisfaction. With...
More »Food subsidy bill likely to rise by Rs 6,000 cr in FY11 by Prabha Jagannathan
THE government will need to shell out Rs 6,000 crore more in food subsidy to support poor families under the proposed Food Security Act due to the revised estimate of the number of poor families in the country. Food subsidy will account for about 1.1% of the gross domestic product in the current fiscal year, compared with 0.9% last year, said a study by Deutche Bank. The Union budget has...
More »EGoM on food security Bill to meet on May 4, decide on poverty estimates by Saubhadro Chatterji & Devika Banerji
The Empowered Group of Ministers (EGoM) on the Food Security Bill has decided to meet once again before releasing the much-awaited bill for public feedback. According to a highly placed official in the food ministry, the EGoM is yet to synchronise issues like the poverty estimate with the states, apart from taking a final call on the inclusion of the Above Poverty Line (APL) population in the proposed legislation. The meeting...
More »Plan panel for new poverty line by Sangeeta Singh
The Congress-led United Progressive Alliance (UPA) will move a step closer to the realisation of its poll promise to promulgate a food security law if the Planning Commission, as is expected, conditionally approves the findings of the poverty panel report estimating the number of poor in the country at its meeting on Saturday. In preparation, Planning Commission deputy chairman Montek Singh Ahluwalia met senior government officials and some members of the...
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