-PTI NEW DELHI: Amid expectations of normal rain, the government today approved a hike of Rs 60 in paddy support price (MSP) to Rs 1,310 per quintal in order to encourage farmers to grow more in the ongoing kharif season. The government also increased the minimum support price (MSP) of pulses and oilseeds by up to Rs 450 and Rs 320 per quintal, to boost ouput and reduce import dependence. "The Cabinet Committee...
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A grain of common sense-Sreenivasan Jain
-The Business Standard Chhattisgarh proves no cash transfer or UID is needed to make PDS work Viewed from a ration shop in Surguja in the largely poor tribal north of Chhattisgarh, the arguments for and against the food security Bill seem way off the mark. We had travelled there to see first-hand Chhattisgarh's much-celebrated transformation of its broken, corrupt public distribution system (a recent survey found that wastage of PDS grain dropped...
More »CAG report shows why food security will be a disaster-Vivek Kaul
-Firstpost.com On 7 May, the Comptroller and Auditor General (CAG) of India presented to Parliament a Performance Audit of Storage Management and Movement of Foodgrains in Food Corporation of India. This report has gone largely unreported in the media, given that it does not contain any big number running into lakhs of crores like previous reports of the CAG did. But it clearly explains why the government of India is in no...
More »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...
More »Punjab facing stagnancy in agriculture: State's Economic Survey-Vijay C Roy
-The Business Standard According to Economic Survey of the state, contribution of primary sector in the GDP of state is continuously declining since 2004-05 Having distinction of being the pioneer of Green Revolution, Punjab is facing stagnancy in agriculture production and constant decline in primary sector's share in state GSDP. According to Economic Survey of the state, contribution of primary sector(which comprises mainly agriculture and allied activities) in the GDP of state...
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