-Down to Earth India faces a surplus of foodgrains. Is exporting a good option? With India's grain mountain set to implode, the government is desperate to push the exports of rice and wheat. However, a global glut and the resulting depression of prices are dimming the prospects of foodgrain exports. According to the Food Corporation of India (FCI), the nodal agency for grain trade in the country, India is sitting on 34 million...

-PTI NEW DELHI: Around 20 million tonnes of wheat is wasted in India every year due to inadequate storage infrastructure, Institution of Mechanical Engineers said today. "Foodgrains are lost in India mainly due to lack of facilities in storage and transportation. 20 million tonnes of wheat is lost every year as a result of that," said Tim Fox, Head of Environment at the UK-based body. He released the report, 'Global Food: Waste not,...

-Outlook New Delhi: To ensure success of its new food laws, government today allowed construction of intermediary godowns under employment guarantee scheme MGNREGA and has allocated Rs 450 crore for creating 15 lakh tonne of storage capacity across the country by March-end. The decision has been taken in view of slow progress in the construction of intermediary godowns by state governments at a time when the government is in a hurry to...

-Outlook New Delhi: Food Minister K V Thomas today asked state governments to address three critical issues - identification of beneficiaries, creation of storage capacity and door-step delivery of foodgrains via PDS - for the successful implementation of the food security law. Addressing the state food ministers meet here, he called for greater coordination and cooperation between the centre and state governments to implement the law in 'true spirit'. The day-long meeting is...

-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...