The empowered group of ministers (eGoM) recently decided on two important steps seen crucial for management of foodgrains. The first was the finalization of the National Food Security Act (NFSA) and, secondly, extending the term of the Nandan Nilekani committee to explore the possibility of introducing cash transfers for delivering food subsidy directly to the poor. Another linked decision was to allow exports of wheat and rice to international markets. The...

-Reuters   Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...

-The Times of India   The government is set to accept the Sonia Gandhi-led National Advisory Council's recommendation to cover 75% rural and 50% urban population under a food security law, but wants to keep the percentages outside the language of the Act itself. UPA-2 is inclined to set the percentage of population covered in a notification or schedule accompanying the Act so that it can be revised by executive order...

-Express News Service   Having resisted the export of foodgrain since taking charge in January, Food Minister K V Thomas on Wednesday said that he was not opposed to export of “some quantity of wheat and rice” as there is bumper production in the country. Thomas’s statement holds significance as he has been publicly speaking against foodgrain export, citing the proposed food security law. “Our department is not negative to the idea of...

When he drank poison on January 11, farmer Hargovind Harne’s run-down hut was bursting with freshly harvested paddy. Yet he was neck-deep in debt. Even the bottle of pesticide that he used to take his own life had been bought on credit, as the bill shows. His large stock of grain wasn’t the only puzzle in the 47-year-old’s suicide. Vidarbha is infamous for continuing suicides by cotton farmers but Harne grew food,...