Explanation
Mother Dairy Fruit & Vegetable Pvt Ltd is an Indian company that manufactures, markets and sells milk, milk products and other edible products. Its milk products include cultured products, ice cream, paneer and ghee under the Mother Dairy brand. Mother Dairy provides milk, vegetable and pulses at controlled rate decided by government of Delhi.
The Bengal famine of 1943 struck the Bengal Province of British India during World War II following the Japanese invasion of Burma. Approximately 3 million people died due to famine.
Minimum Support Price (MSP) is a announced by the Government of India at the beginning of the sowing season for certain crops. The MSP is a guarantee price for farmers' produce. The major objectives are to support the farmers from distress sales and to procure food grains for public distribution.
Antyodaya Anna Yojana (AAY) is a Government of India sponsored scheme to provide highly subsidised food to millions of the poorest families. It was launched by the government on 25 December 2000 and first implemented in the state of Rajasthan.
Targeted Public Distribution System (TPDS) was introduced with effect from June 1997. The focus of the TPDS is on “poor in all areas”. Under the scheme, the government issues 10 kg of foodgrains per family per month for the population Below Poverty Line (BPL) at specially subsidized prices.
Antyodaya Anna Yojana (AAY) is a Government sponsored scheme to provide highly subsidised food to millions of the poorest families. It was launched by the government on 25 December 2000 and first implemented in Rajasthan.
The Food Corporation of India (FCI) is the main agency for procurement, storage and distribution of food grains. In addition to the requirements of wheat and rice under the Targeted PDS, the Central Pool is required to have sufficient stocks of these in order to meet any emergencies like drought/failures of crop, as well as to enable open market intervention in case of price rise.
In 1981, Amartya Sen published Poverty and Famines: An Essay on Entitlement and Deprivation (1981), a book in which he argued that famine occurs not only from a lack of food, but from inequalities built into mechanisms for distributing food. Sen also argued that the Bengal famine was caused by an urban economic boom that raised food prices, thereby causing millions of rural workers to starve to death when their wages did not keep up.
Public distribution system supply food products for the low-income groups. All the staple food grains like rice, wheat, and essential commodities are provided through these shops. These commodities are provided to the poor people at a lower cost as compared to the market.
As part of its development mandate, IFCI was one of the promoters of National Stock Exchange (NSE), Stock Holding Corporation of India Ltd (SHCIL), Technical Consultancy Organizations (TCOs) and social sector institutions like Rashtriya Gramin Vikas Nidhi (RGVN), Management Development Institute (MDI), The functions of the IFCI base are as follows: The corporation grants loans and advances to industrial concerns. Granting of loans both in rupees and foreign currencies. The corporation underwrites the issue of stocks, bonds, shares etc. IFCI, previously Industrial Finance Corporation of India, is a Non-Banking Finance Company in the public sector. Established in 1948 as a statutory corporation, IFCI is currently a company listed on BSE and NSE. IFCI has seven subsidiaries and one associate.
The components of food security are:
The public distribution system relates to the retailing system. PDS is a network of fair price shops where the necessary commodities and staple food grains are provided to the poor people at a low price as compared to the market. So this is a retailing system as the distribution is done through retail shops.
Families below poverty line have yellow coloured ration card. They get 25 kg rice and 10 kg wheat every month at a subsidised rate. Under Antoyadya scheme very poor people are provided with foodgrain at the lowest prices.
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