-The Business Standard There is an urgent need to develop a strong warehousing system equipped with modern and scientific storage facilities Mumbai: Around 30% of India's foodgrains harvest gets wasted because it is unprofessionally managed in the warehouse, a joint study conducted by The Associated Chambersof Commerce and Industry of India (Assocham) and Yes Bank, said.Owing to extreme dearthof about 35 million tonnes (MT) warehousing capacity together with massive foodgrain storage shortfall...

-PTI About 40 per cent of government's foodgrain is stored in an "unprofessional" way due to acute shortage of storage capacity to the tune of 35 million tonnes, industry chamber Assocham said on Wednesday. Currently, 70 per cent of the total warehousing capacity of 112 million tonnes is owned by the government. Additional 35 million tonnes of storage capacity is required in the 12th Five Year Plan (2012-17) period, it said. "About 30-40...

-The Financial Express The Indian success story increasingly looks like a tale of naivety and optimistic complacency. The Indian success story increasingly looks like a tale of naivety and optimistic complacency, with the fantasy of ‘India Shining' obfuscating the reality of widespread deprivation. Despite rapid economic growth during the past decade, millions continue to live in poverty and hunger. The Indian government aims to address abject hunger and malnutrition with the National Food...

-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) In view of increased foograin movement requirement for the implementation of National Food Security Act, FCI has been making efforts to increase Inter-regional movement of foodgrains. It has been) has been rising over the years as under:- It is estimated that for the National Food Security Act (NFSA) implementation, against the allocation of 614.43 lakh tonnes, the...

-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The Centre has sanctioned financial assistance to the states for constructing Village Grain Banks for storage of foodgrains so that PDS beneficiaries can get the supply in time. This information was given by the Minister of Consumer Affairs, Food and Public Distribution, Prof. K.V. Thomas in a written reply in Lok Sabha today. The State-wise details of Village Grain Banks sanctioned...