Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | India needs to curb food wastage to tackle inflation: World Bank    </title>
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-The Hindu Business Line


&nbsp;


Input subsidy expenses not contributing to boost productivity

The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.

In its focus on food inflation in South Asia, the bank..."/>
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-The Hindu Business Line


&nbsp;


Input subsidy expenses not contributing to boost productivity

The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.

In its focus on food inflation in South Asia, the bank..." />
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                            <p>-The Hindu Business Line</p><p>&nbsp;</p><div align="justify"><em>Input subsidy expenses not contributing to boost productivity<br /></em><br />The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.<br /><br />In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes of grains in 2000.<br /><br />&ldquo;The FCI's inefficiencies not only lead to high losses of the grains it handles, they also drive up the costs of food handling. Comparisons show that the FCI's handling and storage costs are significantly higher than those of the private sector. The increase in procurement has led to a significant increase in the fiscal costs of the system,&rdquo; the report said.<br /><br />The FCI procures nearly one-third of wheat, rice produced in the country, besides coarse grains at the minimum support price fixed by the Government. The stocks are then transported to deficit States and sold through the public distribution system at a subsidised rate.<br /><br />It said demand for food is undergoing structural shifts as incomes rise. Growth in consumption of pulses, fruits, meat, eggs, and dairy items is more than double the consumption growth in cereals. Inflation in these items has been higher than in cereals.<br /><br />&ldquo;Public intervention in agricultural marketing in India and Pakistan has high fiscal costs and narrowly supports cereal production, while high food inflation and continuing high rates of food insecurity are linked to an inadequate supply response in non-cereal food products,&rdquo; the report said.<br /><br />Input subsidies contributed to the overuse of water resources, high losses of electricity utilities, and deteriorating soil conditions because of skewed application of fertiliser.<br /><br />It said expenses on these were not contributing to productivity and they could instead be used as investments in agricultural research, education, and rural roads are amongst the most effective public spending items in promoting agricultural growth and reducing poverty.<br /><br />Food and fertiliser subsidies have increased to over 1.5 per cent of the GDP since 2008-09 from around one per cent in the 1990s.<br /><br /><em>Annals of public procurement<br /></em><br />Outlays on food subsidies are far higher than public investment in agriculture and outlays for extension services, which could increase agricultural production and lead to lower prices over time.<br /><br />In India and to a lesser degree in Pakistan, large-scale public procurement hampered the private sector not only by pre-emption, but also by taxes and rules for moving grains across state borders, and caps on storage of grains designed to facilitate public procurement.<br /><br />The bank found fault with mandatory Jute Packaging Act, frequent changes in the Essential Commodities Act, low private investment in grain marketing, insufficient investment in supply chain and marketing rules.<br /><br />The bank proposed five policy options to tackle inflation including in foodgrain storage management. It called for demand management policies in South Asia earlier than in advanced countries because of the high share of food items in consumer baskets with priority for fiscal consolidation.<br /><br />Over the longer term, it called for policies aimed at increasing agricultural output and productivity to alleviate pressures on food prices, including focus on technology, improved water management, rural infrastructure, agricultural diversification, and private sector investment in marketing and the agro industry.<br /><br />It said governments should exploit the efficiency gains they could achieve (in terms of protecting and improving nutritional status) through provision of more nutritious foods (e.g. foods fortified with essential vitamins and minerals) and by increasing beneficiary knowledge on how to maximise household resources for nutritional impact.<br /><br />It asked governments to explore developments of market-based tools and assistance for managing risks, particularly those that affect the government's budget.</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2479988.ece?ref=wl_industry-and-economy" class="re" target="_blank">The Hindu Business Line, 23 September, 2011, http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2479988.ece?ref=wl_industry-and-economy</a><div class="clear"></div>
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        LATEST NEWS UPDATES | India needs to curb food wastage to tackle inflation: World Bank    </title>
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-The Hindu Business Line


&nbsp;


Input subsidy expenses not contributing to boost productivity

The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.

In its focus on food inflation in South Asia, the bank..."/>
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-The Hindu Business Line


&nbsp;


Input subsidy expenses not contributing to boost productivity

The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.

In its focus on food inflation in South Asia, the bank..." />
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    <h1 class="cat-box-title">India needs to curb food wastage to tackle inflation: World Bank</h1>
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                            <p>-The Hindu Business Line</p><p>&nbsp;</p><div align="justify"><em>Input subsidy expenses not contributing to boost productivity<br /></em><br />The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.<br /><br />In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes of grains in 2000.<br /><br />&ldquo;The FCI's inefficiencies not only lead to high losses of the grains it handles, they also drive up the costs of food handling. Comparisons show that the FCI's handling and storage costs are significantly higher than those of the private sector. The increase in procurement has led to a significant increase in the fiscal costs of the system,&rdquo; the report said.<br /><br />The FCI procures nearly one-third of wheat, rice produced in the country, besides coarse grains at the minimum support price fixed by the Government. The stocks are then transported to deficit States and sold through the public distribution system at a subsidised rate.<br /><br />It said demand for food is undergoing structural shifts as incomes rise. Growth in consumption of pulses, fruits, meat, eggs, and dairy items is more than double the consumption growth in cereals. Inflation in these items has been higher than in cereals.<br /><br />&ldquo;Public intervention in agricultural marketing in India and Pakistan has high fiscal costs and narrowly supports cereal production, while high food inflation and continuing high rates of food insecurity are linked to an inadequate supply response in non-cereal food products,&rdquo; the report said.<br /><br />Input subsidies contributed to the overuse of water resources, high losses of electricity utilities, and deteriorating soil conditions because of skewed application of fertiliser.<br /><br />It said expenses on these were not contributing to productivity and they could instead be used as investments in agricultural research, education, and rural roads are amongst the most effective public spending items in promoting agricultural growth and reducing poverty.<br /><br />Food and fertiliser subsidies have increased to over 1.5 per cent of the GDP since 2008-09 from around one per cent in the 1990s.<br /><br /><em>Annals of public procurement<br /></em><br />Outlays on food subsidies are far higher than public investment in agriculture and outlays for extension services, which could increase agricultural production and lead to lower prices over time.<br /><br />In India and to a lesser degree in Pakistan, large-scale public procurement hampered the private sector not only by pre-emption, but also by taxes and rules for moving grains across state borders, and caps on storage of grains designed to facilitate public procurement.<br /><br />The bank found fault with mandatory Jute Packaging Act, frequent changes in the Essential Commodities Act, low private investment in grain marketing, insufficient investment in supply chain and marketing rules.<br /><br />The bank proposed five policy options to tackle inflation including in foodgrain storage management. It called for demand management policies in South Asia earlier than in advanced countries because of the high share of food items in consumer baskets with priority for fiscal consolidation.<br /><br />Over the longer term, it called for policies aimed at increasing agricultural output and productivity to alleviate pressures on food prices, including focus on technology, improved water management, rural infrastructure, agricultural diversification, and private sector investment in marketing and the agro industry.<br /><br />It said governments should exploit the efficiency gains they could achieve (in terms of protecting and improving nutritional status) through provision of more nutritious foods (e.g. foods fortified with essential vitamins and minerals) and by increasing beneficiary knowledge on how to maximise household resources for nutritional impact.<br /><br />It asked governments to explore developments of market-based tools and assistance for managing risks, particularly those that affect the government's budget.</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2479988.ece?ref=wl_industry-and-economy" class="re" target="_blank">The Hindu Business Line, 23 September, 2011, http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2479988.ece?ref=wl_industry-and-economy</a><div class="clear"></div>
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        LATEST NEWS UPDATES | India needs to curb food wastage to tackle inflation: World Bank    </title>
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-The Hindu Business Line


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Input subsidy expenses not contributing to boost productivity

The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.

In its focus on food inflation in South Asia, the bank..."/>
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-The Hindu Business Line


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Input subsidy expenses not contributing to boost productivity

The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.

In its focus on food inflation in South Asia, the bank..." />
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    <h1 class="cat-box-title">India needs to curb food wastage to tackle inflation: World Bank</h1>
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                            <p>-The Hindu Business Line</p><p>&nbsp;</p><div align="justify"><em>Input subsidy expenses not contributing to boost productivity<br /></em><br />The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation.<br /><br />In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes of grains in 2000.<br /><br />&ldquo;The FCI's inefficiencies not only lead to high losses of the grains it handles, they also drive up the costs of food handling. Comparisons show that the FCI's handling and storage costs are significantly higher than those of the private sector. The increase in procurement has led to a significant increase in the fiscal costs of the system,&rdquo; the report said.<br /><br />The FCI procures nearly one-third of wheat, rice produced in the country, besides coarse grains at the minimum support price fixed by the Government. The stocks are then transported to deficit States and sold through the public distribution system at a subsidised rate.<br /><br />It said demand for food is undergoing structural shifts as incomes rise. Growth in consumption of pulses, fruits, meat, eggs, and dairy items is more than double the consumption growth in cereals. Inflation in these items has been higher than in cereals.<br /><br />&ldquo;Public intervention in agricultural marketing in India and Pakistan has high fiscal costs and narrowly supports cereal production, while high food inflation and continuing high rates of food insecurity are linked to an inadequate supply response in non-cereal food products,&rdquo; the report said.<br /><br />Input subsidies contributed to the overuse of water resources, high losses of electricity utilities, and deteriorating soil conditions because of skewed application of fertiliser.<br /><br />It said expenses on these were not contributing to productivity and they could instead be used as investments in agricultural research, education, and rural roads are amongst the most effective public spending items in promoting agricultural growth and reducing poverty.<br /><br />Food and fertiliser subsidies have increased to over 1.5 per cent of the GDP since 2008-09 from around one per cent in the 1990s.<br /><br /><em>Annals of public procurement<br /></em><br />Outlays on food subsidies are far higher than public investment in agriculture and outlays for extension services, which could increase agricultural production and lead to lower prices over time.<br /><br />In India and to a lesser degree in Pakistan, large-scale public procurement hampered the private sector not only by pre-emption, but also by taxes and rules for moving grains across state borders, and caps on storage of grains designed to facilitate public procurement.<br /><br />The bank found fault with mandatory Jute Packaging Act, frequent changes in the Essential Commodities Act, low private investment in grain marketing, insufficient investment in supply chain and marketing rules.<br /><br />The bank proposed five policy options to tackle inflation including in foodgrain storage management. It called for demand management policies in South Asia earlier than in advanced countries because of the high share of food items in consumer baskets with priority for fiscal consolidation.<br /><br />Over the longer term, it called for policies aimed at increasing agricultural output and productivity to alleviate pressures on food prices, including focus on technology, improved water management, rural infrastructure, agricultural diversification, and private sector investment in marketing and the agro industry.<br /><br />It said governments should exploit the efficiency gains they could achieve (in terms of protecting and improving nutritional status) through provision of more nutritious foods (e.g. foods fortified with essential vitamins and minerals) and by increasing beneficiary knowledge on how to maximise household resources for nutritional impact.<br /><br />It asked governments to explore developments of market-based tools and assistance for managing risks, particularly those that affect the government's budget.</div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2479988.ece?ref=wl_industry-and-economy" class="re" target="_blank">The Hindu Business Line, 23 September, 2011, http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2479988.ece?ref=wl_industry-and-economy</a><div class="clear"></div>
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India needs to curb food wastage to tackle inflation: World Bank

Published on Sep 30, 2011   Modified on Sep 30, 2011

-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes of grains in 2000. “The FCI's inefficiencies not only lead to high losses of the grains it handles, they also drive up the costs of food handling. Comparisons show that the FCI's handling and storage costs are significantly higher than those of the private sector. The increase in procurement has led to a significant increase in the fiscal costs of the system,” the report said. The FCI procures nearly one-third of wheat, rice produced in the country, besides coarse grains at the minimum support price fixed by the Government. The stocks are then transported to deficit States and sold through the public distribution system at a subsidised rate. It said demand for food is undergoing structural shifts as incomes rise. Growth in consumption of pulses, fruits, meat, eggs, and dairy items is more than double the consumption growth in cereals. Inflation in these items has been higher than in cereals. “Public intervention in agricultural marketing in India and Pakistan has high fiscal costs and narrowly supports cereal production, while high food inflation and continuing high rates of food insecurity are linked to an inadequate supply response in non-cereal food products,” the report said. Input subsidies contributed to the overuse of water resources, high losses of electricity utilities, and deteriorating soil conditions because of skewed application of fertiliser. It said expenses on these were not contributing to productivity and they could instead be used as investments in agricultural research, education, and rural roads are amongst the most effective public spending items in promoting agricultural growth and reducing poverty. Food and fertiliser subsidies have increased to over 1.5 per cent of the GDP since 2008-09 from around one per cent in the 1990s. Annals of public procurement Outlays on food subsidies are far higher than public investment in agriculture and outlays for extension services, which could increase agricultural production and lead to lower prices over time. In India and to a lesser degree in Pakistan, large-scale public procurement hampered the private sector not only by pre-emption, but also by taxes and rules for moving grains across state borders, and caps on storage of grains designed to facilitate public procurement. The bank found fault with mandatory Jute Packaging Act, frequent changes in the Essential Commodities Act, low private investment in grain marketing, insufficient investment in supply chain and marketing rules. The bank proposed five policy options to tackle inflation including in foodgrain storage management. It called for demand management policies in South Asia earlier than in advanced countries because of the high share of food items in consumer baskets with priority for fiscal consolidation. Over the longer term, it called for policies aimed at increasing agricultural output and productivity to alleviate pressures on food prices, including focus on technology, improved water management, rural infrastructure, agricultural diversification, and private sector investment in marketing and the agro industry. It said governments should exploit the efficiency gains they could achieve (in terms of protecting and improving nutritional status) through provision of more nutritious foods (e.g. foods fortified with essential vitamins and minerals) and by increasing beneficiary knowledge on how to maximise household resources for nutritional impact. It asked governments to explore developments of market-based tools and assistance for managing risks, particularly those that affect the government's budget.

The Hindu Business Line, 23 September, 2011, http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2479988.ece?ref=wl_industry-and-economy

Tagged with: Inflation Food Security

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