-The Times of India BANGALORE: Rice is all set to change Karnataka politically. The Congress's rice-atone-rupee scheme will come alive at 10am on Wednesday when chief minister Siddaramaiah symbolically offers the foodgrain to the people. The scheme, christened Anna Bhagya, will offer 30 kilos of rice at Re 1 a kilo to 8.7 million BPL (below poverty line) families in the state. The first big public splash after the Congress's return to...
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Food bill not to hurt coffers
-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...
More »Maharashtra govt to sell 30% cheaper veggies at 10 city centres
-The Times of India MUMBAI: Unable to prevent prices of vegetables and fruits from going through the roof, the state government is now promising their supply to Mumbaikars at reduced rates, a promise observers say needs to be taken with a pile of salt. Starting Monday, the government will-for the first time since 1999-sell vegetables and fruits at a price 30% lower than the current retail rate at select co-operative outlets...
More »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 »Global warming may cause extreme droughts in India, World Bank warns
-PTI WASHINGTON: Global warming could lead to more extreme droughts in large parts of India, resulting in widespread food shortages and hardship in the country, in the next few decades, a new World Bank report warned today. The impact of a possible global temperature rise of 2 degrees Celsius in the next few decades threatens to trap millions of people in poverty, according to the report. The soaring temperatures will also drive regular...
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