-Outlook New Delhi: To ensure success of its new food laws, government today allowed construction of intermediary godowns under employment guarantee scheme MGNREGA and has allocated Rs 450 crore for creating 15 lakh tonne of storage capacity across the country by March-end. The decision has been taken in view of slow progress in the construction of intermediary godowns by state governments at a time when the government is in a hurry to...
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Food subsidy issues need to be addressed: WTO
-The Hindu Concern over procurement and distribution of subsidised Foodgrains Asserting that India would soon be breaching its Aggregate Measurement of Support (AMS) commitments to WTO (World Trade Organization) due to its new food security programme, the newly-elected Director-General, Roberto Azevedo, on Monday, sought a positive solution to the issue before the Bali Ministerial to be held in December as some countries had expressed concern over the procurement and distribution of highly...
More »Midday meals face funds hurdle -Akshaya Mukul
-The Times of India NEW DELHI: UPA is going to town for having delivered on its promise of food security. But, come December and this promise would fall flat as many government schools are likely to go without midday meal (MDM). The reason: the food ministry's new missive to the HRD ministry that like other food schemes, MDM would also have to make pre-payment before lifting Foodgrains from Food Corporation of India...
More »Address Key Issues to Implement New Food Law: Thomas
-Outlook New Delhi: Food Minister K V Thomas today asked state governments to address three critical issues - identification of beneficiaries, creation of storage capacity and door-step delivery of Foodgrains via PDS - for the successful implementation of the food security law. Addressing the state food ministers meet here, he called for greater coordination and cooperation between the centre and state governments to implement the law in 'true spirit'. The day-long meeting is...
More »NABARD now offers loans to corporate sector-Nagesh Prabhu
-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...
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