-Scroll.in The liquidity crisis has affected both the trade in food and the planting of the winter crop. As demonetisation enters its second week, traders in Patna’s Maroofganj mandi are seeing something unprecedented. In the last seven days, the supply of new stocks in this wholesale market, which supplies cooking oil, spices, rice, wheat and pulses to shopkeepers across Patna, has plummeted. The supply of cooking oil, for instance, is down by 80%. Talk...
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Grit and a fistful of infested rice -Swapna Majumdar
-The Hindu Business Line How the women of Deoria challenged the public distribution system malpractices Women no longer have to return empty-handed from the fair price shops mandated to give rations under the government’s public distribution system in village Bandgunia in Uttar Pradesh. Not only is the full quota of rice, pulses and sugar given, the shopkeeper in this village in Gauri Bazar block of Deoria district also ensures the women are informed...
More »Missing stock is harming our food security
-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...
More »Paswan to pulses traders: work with government to address supply issues
-The Hindu Business Line NEW DELHI: The Centre will meet representatives of the Indian Pulses and Grains Association (IPGA) every month to take stock of retail prices of pulses that still rule high, as well as supply issues. This was decided at a meeting between Food Minister Ram Vilas Paswan and IGPA members here on Thursday evening. The meeting comes soon after the Centre’s decision to enhance the buffer stock limit of...
More »Finally, some respite from dal shock -Prerna Sharma
-The Hindu Business Line Good rain, increased acreage and hike in minimum support prices likely to cool prices The Modi government has been struggling over the last two years to contain the unprecedented rise in the prices of pulses, the second-most important food item after cereals. In the interim, prices of tur have more than doubled, and near-doubled in the case of urad and chana. WPI prices for pulses increased 35.76 per...
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