Owing to floods and incessant rains in northern India's Haryana, crops have been badly affected due to which the prices of the vegetables have gone up. Though the floods have receded in some parts of the area but large swathes of crops have been washed away. The wholesale rate for tomato has gone as high as Rs 40/kg, while the retail rate in some markets has reached Rs 60/kg. "Due to incessant rain...

The market price of potatoes in the forthcoming season, starting December, may reach Rs700 per quintal in March, according to agriculture economists. The economists have also predicted that the price of traditional basmati will range between Rs2,500 and Rs3,400 per quintal during the October-December period this year, which is the peak harvesting season for paddy. The forecasts were made by agriculture economists of Govind Ballabh Pant Agriculture University, led by Dr Jagdish...

A parliamentary standing committee has recently asked the government to introduce the national food security Bill in the winter session of the Lok Sabha. A promise to implement a Bill of this kind was first mooted in President Pratibha Patil's inaugural speech last year when she mentioned the government's intention to provide each family below the poverty line (BPL) with 25 kg of foodgrains a month at Rs 3 per...

Technological interventions, innovative and fool-proof delivery mechanisms, constant reviews and fixing responsibility at each level ensure that an effective delivery system is in place. The Public Distribution System in Tamil Nadu is a success story, in its coverage as well as its pricing. Each family, whether below the poverty line or not, is entitled to 20 kg of rice at Re. 1 a kg. The State Government opted for universal coverage...

Even as the issue of price rise takes centrestage in Parliament, the government’s attempt to offload wheat in the open market has found few takers among small traders. The reason: the price of wheat fixed by the Food Corporation of India (FCI) for small traders is higher than the prevailing wholesale prices at major centres across the country. In June, the Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab...