-The Tribune The annual cost to the exchequer is estimated at Rs 2 lakh crore New Delhi: In a major decision, the union government has decided to provide free ration to 81.35 crore poor people under the National Food Security Act (NFSA) for one year. Minister of Consumers Affairs, Food and Public distribution Piyush Goyal said the beneficiaries, who were getting food grains at highly subsidised rates under the Act would get free...
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Ensuring food security for all -Shruti Khanna
-The Hindu Business Line The National Food Security Act could adopt standardised criteria to identify beneficiaries across States/UTs India’s development report cards have long been plagued by high incidence of malnutrition, making it an often-cited example of the nation’s growth conundrum. With the country being home to more than one-third of undernourished children, it is evident that the problem underlines the need for a targeted and multi-sectoral approach, with the benefits of...
More »Opinion: Food Insecurity - The Story That Won't Make Prime Time News -Derek O'Brien
-NDTV.com Here's a story that won't make the 9 pm news. As per reports in a few regional language newspapers (yes, they still have The Spine), the Union is proposing an increase in the prices of rice, wheat and cereals sold through the National Food Security Act (NFSA) by Rs.7 per kg for Priority Households (PHH). Apparently, NITI Aayog has even recommended that the Food Ministry increases the price for sale to...
More »Cereal inflation would be hard to tame amidst low rice acreage
Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
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