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Food insecurity -TK Rajalakshmi

-Frontline A critique of the report of the high-level committee on restructuring the FCI and reviewing its role by TK Rajalakshmi SOON after assuming power at the Centre, Narendra Modi's National Democratic Alliance government set up a high-level committee on re-structuring the Food Corporation of India that was mandated to make the food management system more efficient. It was headed by Shanta Kumar, former Union Minister for Rural Development and former Chief...

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After petrol and diesel, Modi government may deregulate urea -Harish Damodaran

-The Indian Express After petrol and diesel, the Narendra Modi government is looking next to deregulate urea. In the works is a three-year plan to decontrol the maximum retail price (MRP) of this fertiliser - currently fixed at Rs 5,360 a tonne or Rs 268 per 50-kg bag - alongside permitting duty-free imports sans any canalisation or restrictions, and credit the subsidy directly into the bank accounts of farmers. Urea imports now...

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Centre weighs in with record urea supply to curb black-marketing -Pratim Ranjan Bose

-The Hindu Business Line But manufacturers want subsidy regime to end in order to improve production Kolkata: To curb black-marketing in urea, the Centre in December released a "record" 3.7 million tonnes (mt) into the market, by stepping up imports. The usual monthly requirement of the fertiliser, whose supply is regulated, is 2.5-3 mt. The demand for urea peaks towards end December and early January. India produces approximately 22 mt of urea against the...

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Procurement target for rice set at 30 mt

-The Financial Express Despite the delayed monsoon and slow progress in sowing, the government on Monday set a 30 million tonne (mt) rice procurement target for the 2014-15 kharif marketing season, starting October. Despite the delayed monsoon and slow progress in sowing, the government on Monday set a 30 million tonne (mt) rice procurement target for the 2014-15 kharif marketing season, starting October. This is a moderate revision from the previous year's kharif...

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Why we still need the APMC laws -Madan Sabnavis

-The Business Standard States need to create alternative marketing structures for farm produce since middlemen also provide vital services that are otherwise unavailable to the farmer   One of the issues often raised in the context of high food inflation is the pressing need to change the Agricultural Produce Market Committees (APMC), the marketing boards established by state governments. The earlier United Progressive Alliance government had asked the Congress-ruled states to remove fruit...

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