Food Subsidies

  • 'India's farm subsidy well below WTO cap of 10 pc' 6 days ago

    New Delhi: India's farm subsidies are well below the WTO's cap of 10 per cent and the developed world should move ahead with finding a permanent solution for stock piling of grains for food security purposes, an official said. According to a WTO filing, India has given a total farm subsidy...
  • Food security: South Africa backs India's stance at WTO September 7, 2014

    New Delhi: South Africa supports India's stance at WTO on public food stock holding issue as developing nations have responsibility to ensure that "those who are not able to feed themselves" are brought under the food security net, said South African High Commissioner to India FK Morule. "The developing countries which...
  • India will not back WTO protocol unless concerns addressed: Sources July 24, 2014

    New Delhi: India will not support a trade protocol ahead of a July 31 deadline unless concerns about its food subsidies are met, two senior government officials said on Wednesday, a position that threatens to derail a landmark global trade deal. The determination to link its food subsidy programme, aimed at...
  • Ideas 2014: One should have a sense of value, says Kofi Annan on subsidies in India February 6, 2014

    Former UN Secretary General Kofi Annan has warned India against too many populist subsidies. In conversation with CNN IBN's Deputy Editor Sagarika Ghose on Ideas 2014, Annan said that subsidised water and power take away their value. ...
  • Kofi Annan warns India against too many populist subsidies February 6, 2014

    New Delhi: Former UN Secretary General Kofi Annan has warned India against too many populist subsidies. Speaking on the issue of the Food Security Bill and Delhi government's water and electricity promises, he said that subsidised water and power take away their value. In conversation with CNN IBN's Deputy Editor...
  • Win for India as WTO allows subsidy on food security December 7, 2013

    In a major victory for India, the WTO on Friday agreed to allow countries to provide subsidy on staple food crops without any threat of punitive action, a concession that salvaged the current round of world trade talks from the brink of collapse. ...
  • India has its way at WTO, demand for no cap on food subsidy accepted December 7, 2013

    Bali: In a major victory for India, the WTO on Friday agreed to allow countries to provide subsidy on staple food crops without any threat of punitive action, a concession that salvaged the current round of world trade talks from the brink of collapse. After burning the midnight oil and tough...
  • Food subsidy scheme: Himachal Pradesh demands wheat flour, not grain September 30, 2013

    New Delhi: Himachal Pradesh on Monday asked the central government to provide wheat flour in place of wheat grain under the National Food Security Act that will enable over 37 lakh people to get subsidised food grains in the state. Speaking at food ministers' conference in New Delhi, Food Civil Supplies...
  • Food Bill credit negative for India, will deteriorate macroeconomic situation: Moody's August 29, 2013

    Giving a thumbs down to the Food Security Bill, rating agency Moody's on Thursday said the measure is credit negative as it will weaken government finances and deteriorate macroeconomic situation. "The measure (Food Bill) is credit negative for the Indian government because it will raise government spending on food subsidies to...
  • India needs extra Rs 20,000 crore for food subsidies February 15, 2013

    New Delhi: India needs a 200 billion rupee top-up for its proposed food security bill, aimed at ensuring subsidised grain for the poor, Food Minister KV Thomas said on Thursday, even as the government is seeking deep spending cuts. The bill will be introduced in the budget session of Parliament which...
  • Standing committee clears Food Security Bill draft January 11, 2013

    New Delhi: The draft Food Security Bill was cleared by the Standing Committee of Parliament on Food, Consumer Affairs and Public Distribution on Friday. The draft was passed despite members of the Opposition raising objections over coverage for the poor and quantity of grains supplied. Some committee members also demanded that...
  • Government approves PDS digitisation October 5, 2012

    New Delhi: Aiming to eliminate bogus ration cards and ensure that food subsidy reaches the genuine beneficiaries, the government on Thursday approved a Rs 884 crore plan for end-to-end computerisation of the Targeted Public Distribution System (TPDS) in the 12th Five-Year Plan on a cost-sharing basis with states. Around 18 crore...
  • Kelkar panel suggests subsidies cut, govt says no September 29, 2012

    New Delhi: The Kelkar Committee on Friday recommended that the government cut subsidies in the three significant F's - food, fuel and fertiliser - in order to narrow down its fiscal deficit. The committee warned that India was on the edge of a 'fiscal precipice' and if measures were not...
  • Reforms could lower India's fiscal deficit to 4.6 pc: Kelkar report September 29, 2012

    The Kelkar panel on Friday said that India was on the edge of a 'fiscal precipice' and that it should urgently slash fuel, food and fertilizer subsidies to cut its fiscal deficit. A wary government, however, said that certain levels of subsidies were unavoidable. The report goes on to add that the...