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  • Govt buys record 398.59 lakh tonnes of wheat at MSP for Rs 78,721 crore May 27, 2021 10:23 PM IST

    Govt buys record 398.59 lakh tonnes of wheat at MSP for Rs 78,721 crore

    The procurement has reached an all-time high, as it has exceeded previous high of 389.92 lakh tonnes achieved in the entire RMS 2020-21, an official statement said.

  • Nearly 812 lakh tonnes foodgrains available in FCI godowns: Govt Jun 12, 2020 06:46 PM IST

    Nearly 812 lakh tonnes foodgrains available in FCI godowns: Govt

    About 55 lakh tonnes of foodgrains is required for a month under the National Food Security Act (NFSA) and other welfare schemes.

  • Ram Vilas Paswan says 20 states getting ready for launch of ration card portability from June 1 May 08, 2020 08:38 PM IST

    Ram Vilas Paswan says 20 states getting ready for launch of ration card portability from June 1

    Under the initiative, eligible beneficiaries under the National Food Security Act (NFSA) would be able to avail their entitled foodgrains from any Fair Price Shop in the country using the same ration card.

  • Ashok Gehlot decides to give wheat to all needy, even it meant buying the grain on market price Apr 22, 2020 10:40 PM IST

    Ashok Gehlot decides to give wheat to all needy, even it meant buying the grain on market price

    Chief minister Ashok Gehlot said that his government has repeatedly requested the Central government to release more wheat so that wheat could be distributed to all beneficiaries.

  • India's food ministry seeks over $28 billion for food subsidies: Sources Jan 30, 2020 08:12 PM IST

    India's food ministry seeks over $28 billion for food subsidies: Sources

    An inadequate allocation could force the state-run Food Corp of India, the main grain procurement agency, to borrow up to $2 billion outside of the budget, said the same official.

  • Govt achieves rightful targeting of food subsidy with Aadhaar Dec 19, 2017 06:15 PM IST

    Govt achieves rightful targeting of food subsidy with Aadhaar

    In a reply to the Lok Sabha, Minister of State for Food and Consumer Affairs CR Chaudhary said the purpose of Aadhaar-based authentication of beneficiaries is to correctly identify the eligible beneficiaries under National Food Security Act.

  • Govt mulls making Aadhaar card essential for subsidised grain Jan 19, 2017 06:40 PM IST

    Govt mulls making Aadhaar card essential for subsidised grain

    The Centre also said that states have promised to install digital payment system at ration shops by June.

  • No state should sell pulses at more than Rs 120/kg: Paswan May 17, 2016 06:24 PM IST

    No state should sell pulses at more than Rs 120/kg: Paswan

    Union Food Minister Ram Vilas Paswan on May 17 said the Centre is ready to make available unmilled tur to states at Rs 60 a kg and urad at Rs 82 per kg, which should provide enough room to state governments to sell pulses below Rs 120 a kg

  • Food law rolled out in 33 states/UTs: Government Apr 30, 2016 01:14 PM IST

    Food law rolled out in 33 states/UTs: Government

    The Comptroller and Auditor General, which evaluated preparedness of 18 states/UTs for implementation of the law in its audit report released today, blamed the Centre for delay in implementation of the NFSA and extending its rollout thrice without Parliament approval.

  • CAG pulls up govt for delay in implementation of food law Apr 29, 2016 06:20 PM IST

    CAG pulls up govt for delay in implementation of food law

    The Comptroller and Auditor General today rapped the Centre for delay in implementation of the National Food Security Act (NFSA) and extending its rollout thrice without Parliament approval.

  • Foodgrains under NFSA to be free if NDA wins in UP: Paswan Apr 04, 2016 07:28 AM IST

    Foodgrains under NFSA to be free if NDA wins in UP: Paswan

    The LJP chief said if NDA, in which his party is also an ally, comes to power in the state following 2017 election, they would provide subsidy and bear the expense.

  • Budget 2016: Jaitley sees FY17 total subsidy outgo at Rs 2.5 lk cr Feb 29, 2016 01:00 PM IST

    Budget 2016: Jaitley sees FY17 total subsidy outgo at Rs 2.5 lk cr

    The Economic Survey 2015-16, which was presented in the Lok Sabha on Thursday by Finance Minister Arun Jaitley, had pointed out there was uneven distribution of subsidies worth Rs 1 lakh crore, which was going to the better-off and those who did not deserve

  • Budget 2016: Govt's food subsidy outgo may jump up to Rs 1.5 lakh crore Feb 29, 2016 07:31 AM IST

    Budget 2016: Govt's food subsidy outgo may jump up to Rs 1.5 lakh crore

    Many believe despite the government's efforts to curtail subsidies, its food subsidy bill may exceed the Budget estimates of Rs 1.24 lakh crore by Rs 10,000-20,000 crore. Allocation for 2016-17 could be more than Rs 1.5 lakh crore, says HDFC Securities

  • Taskforce on Maha agrarian crisis submits report to govt Feb 15, 2016 02:04 PM IST

    Taskforce on Maha agrarian crisis submits report to govt

    It also includes improving educational facilities in distress farm suicide area, zero pendency and corruption free local governance, livelihood management as well as job creation under National Rural Employment Guarantee Act and Mudra scheme.

  • Par panel pulls up govt for delay in implementing food law Aug 10, 2015 07:10 PM IST

    Par panel pulls up govt for delay in implementing food law

    The NFSA was passed by Parliament in September 2013 when the UPA was in power. The deadline for implementing the same has been extended thrice. At present, 13 states and Union Territories have implemented the Act, some of them fully and others partially.

  • Union Budget 2015: Food subsidy of Rs 8,228 cr released to 5 states under NFSA Feb 24, 2015 07:41 PM IST

    Union Budget 2015: Food subsidy of Rs 8,228 cr released to 5 states under NFSA

    In a written reply to the Lok Sabha, Minister of State for Food Raosaheb Patil Danve informed that five states -- Bihar, Punjab, Madhya Pradesh, Chhattisgarh and Rajasthan -- have been released Rs 8,228.01 crore as subsidy for implementation of the food security act. As of now 11 states have started implementing the food law.

  • Revenue optimism implies forced austerity again: Nomura Feb 17, 2014 08:51 PM IST

    Revenue optimism implies forced austerity again: Nomura

    Looking ahead, optimistic projections on revenue are the key to continued consolidation in FY15. The question is whether the 4.1% fiscal deficit number is credible.

  • The Battle For U.P. Jan 31, 2012 12:35 PM IST

    The Battle For U.P.

    How the outcome of the UP elections could influence the course of India’s economic reforms.

  • Food Bill to be tabled in Winter Parliament Session: Thomas Aug 17, 2011 01:54 PM IST

    Food Bill to be tabled in Winter Parliament Session: Thomas

    The government will only be able to table the Food Security Bill in the next session of Parliament, Food Minister K V Thomas said today.

  • Lok Sabha approves for Rs 34,724 crore extra spend in FY12 Aug 05, 2011 06:07 PM IST

    Lok Sabha approves for Rs 34,724 crore extra spend in FY12

    Lok Sabha today approved additional gross expenditure of Rs 34,724 crore for 2011-12 with a government assurance that the net cash outgo of Rs 9,016 crore would not push fiscal deficit beyond budget estimates.

  • States to speed up lifting of subsidised PDS foodgrains Jul 26, 2011 03:42 PM IST

    States to speed up lifting of subsidised PDS foodgrains

    Expressing displeasure at the slow offtake of subsidised foodgrains by states, the Centre today told them to improve lifting of Public Distribution System (PDS) stocks.

  • Austerity drive to cut wasteful expenditure, says Pranab Jul 12, 2011 03:31 PM IST

    Austerity drive to cut wasteful expenditure, says Pranab

    Justifying the government's austerity drive, Finance Minister Pranab Mukherjee today said the restrictions on foreign visits and other expenses are aimed at curbing wasteful expenditure and containing fiscal deficit.

  • Law Min to vet draft food security bill after EGoM nod Jul 11, 2011 07:54 PM IST

    Law Min to vet draft food security bill after EGoM nod

    The draft bill of the proposed National Food Security Act prepared by the Food Ministry, which aims to provide a legal right on subsidised foodgrains to the poor, will be vetted by the Law Ministry before being submitted to the Cabinet, reports CNBC-TV18's Aakansha Sethi quoting sources.

  • EGoM to decide on grain exports on Monday Jul 10, 2011 02:37 PM IST

    EGoM to decide on grain exports on Monday

    An Empowered Group of Ministers (EGoM) on food is scheduled to meet on Monday to consider a proposal to export 3 million tonne of wheat and rice to ease foodgrain storage problems.

  • Govt aims 245mt foodgrain output Jul 04, 2011 07:21 PM IST

    Govt aims 245mt foodgrain output

    The government aims to achieve an all-time high of 245 million tonnes (MT) of foodgrain production in 2011-12 crop year, notwithstanding a below normal monsoon forecast by the Met Department.

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