A Hamburg-based lab, Eurofins, has alleged high levels of pesticide residue in Indian rice, basmati and non basmati. This is likely to start a long-drawn legal battle and for the time being jeopardise around $300m in basmati exports alone to Europe. The first batch of legal correspondence from the grain traders, a precedent to formal legal action, will be exchanged with the Hamburg-based private testing firm, Eurofins and Dr Speck...

The rise in global wheat prices by almost 50% in less than two months as commodity markets factor in a sharp drop in exportable surplus has not touched India, among world’s biggest producers and consumers of wheat. What’s more surprising, domestic futures prices too are unlikely to show any appreciable rise, going by the trend in India’s commodity markets. Barring minor blips, August and September wheat futures at NCDEX, largest exchange for...

The National Advisory Council's move to restrict universalisation of the PDS to the most disadvantaged districts may ultimately end up limiting its impact. RECENT weeks have seen rather contradictory statements on the challenge of ensuring food security and the set of feasible initiatives for managing the food economy. To start with, the National Advisory Council (NAC), which recognises the need for a universal public distribution system (PDS), and which was expected to...

Today, the Supreme Court of India will hear arguments in what is emerging as a national disgrace: One of the world’s largest stockpiles of foodgrain going to rot and rodent because the government lacks the vision, ability and commitment to either store it properly or distribute it to the poor. Let me recap what I reported on the front-page of this paper last month: About a third of India’s grain reserves,...

The NREGS is restricted. The PDS is targeted. Only exploitation is universal. The rotting of lakhs of tonnes of foodgrain in open yards, while shocking, is hardly new or surprising. Remember the rural poor marching on godowns in Andhra Pradesh in 2001 in similar circumstances? The Supreme Court was quite right in jolting the Union government. “In a country where admittedly people are starving, it is a crime to waste even...