Miscellaneous - This Day That Age   

dated March 10, 1959: Food position

Food and deficit financing dominated the third day’s debate on the general budget in the Rajya Sabha on March 9. The Food and Agriculture Minister, Mr. Ajit Prasad Jain, said that the rate of increase of agricultural production in the country was four per cent per annum. With good crops this year and special measures being taken, this rate of production would be accelerated. Mr. Jain said that for some years Government would import no rice excepting that provided under the agreement with Burma while the wheat imports under Public Law 480 did not cause any strain on the foreign exchange resources.

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