-The Business Standard Easing of APMC regime, farmer-consumer contact, other proposals seen as positives To ease supply-side constraints on food articles, Finance Minister Arun Jaitley has proposed several measures to help improve marketing and storage of produce. Taking cues from the Bhartiya Janata Party's election manifesto, he has proposed integrating markets across the country, with the Centre to work closely with states to reorient the latter's respective Agricultural Produce Marketing Committee (APMC) Acts,...

-The Times of India   The NDA government committed to continue UPA's flagship Food Security Act to ensure that the poor get wheat and rice at subsidized rates. The budgetary allocation has been increased to Rs 1.15 lakh crore in comparison to Rs 92,000 crore during the last financial year. Finance minister Arun Jaitley said, "Even if due to inadequate rainfall there is a marginal decline in agriculture production, stocks in the...

-The Times of India   NAGPUR: Several new components like stress on irrigation in dry-land areas, price stabilization fund, bringing landless farmers in pale of institutional finance through NABARD for working on leased lands, allowing MGNREGA in farm work have won bouquets for finance minister Arun Jaitley from farm activists. "Move to set up a national market for farm produce, micro irrigation and watershed schemes in drought-prone regions, crop loan facilities to landless...

-The Economic Times NEW DELHI: Finance Minister Arun Jaitley announced a price stabilisation fund, steps to set up a national market for farm produce, irrigation schemes, new agricultural universities as well as initiatives to increase warehousing and rural internet connectivity. Jaitley said food price volatility was a big concern, and announced a Rs 500 crore fund for farm price stabilization. He said the government wanted agriculture to grow although weak rainfall was a concern. Please...

-The Business Standard   A totally novel method needed to procure and disburse food Unbundling the Food Corporation of India (FCI) by hiving it into three separate entities for procurement, storage and distribution of foodgrain seems prima facie an unsound proposition. It would lead to a multiplicity of food handling agencies; the proliferation of bureaucracy would cause procedural delays and poor coordination. Administrative expenses, which are already high and bloating the food subsidy...