Food ministry will introduce direct cash transfer to poor families through their Aadhar-based bank accounts first in the UTs.
India, which exported 34 lakh tonne till September this year, is set for a surplus production for the straight third year, opening up export opportunities.
The UPA govt's food security bill will take more time for enactment as the parliamentary standing committee on food has expressed its inability to submit report.
Guar gum has doubled to Rs 40,000 a quintal in the past three months. Prices have jumped despite a record harvest of 18 lakh tonne and in the absence of any overseas demand.
But declining global prices will make exports unviable and may even impact domestic prices.
Sugar from Pakistan is at least Rs 5 a kg cheaper than what comes mainly from Uttar Pradesh mills.
This will put pressure on seed and oil prices which have already softened due to a drop in palm oil prices.
The Union food ministry is likely to move a proposal to the Cabinet this week for exporting additional 2.5 million tonne wheat from the bulging government stocks of 40 million tonne.
Govt plans to revolutionise retail sector to make India a global shopping hub, with new labour laws to support 24-hour business.
Parliamentary Standing Committee likely to submit its report on Food Security Bill during the winter session
Committee chairman Vilas Muttemwar summoned senior food ministry officials to study the availability of grains and the ministry’s readiness to roll out the project.
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