-The Economic Times The latest forecast of the Met office suggesting a weakening of the south-west monsoon during the second half of the monsoon season is not cause for panic. It is the distribution of rainfall across space and time rather than the aggregate percentages that matter for the farm sector. The good news is that both the spatial and temporal distribution of rainfall has been satisfactory so far. A good reservoir...
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Law vs governance
-The Business Standard Food security cannot be ensured by FCI and the existing PDS Successive drafts of the food security Bill seem to agree on one thing: a greater role for the Food Corporation of India (FCI). FCI buys grains at the minimum support price and distributes them through fair price shops and other food-related schemes like midday meals in schools and children’s nutrition as part of the Integrated Child Development Services....
More »Food ministry against wheat exports by Liz Mathew & Ruchira Singh
India’s domestic wheat prices higher than international rates by around $100 per tonne; traders seek subsidy India’s food ministry will oppose a proposal to export wheat as it prefers to distribute the excess to the poor within the country, K.V. Thomas, Union minister of state (independent charge) for consumer affairs, food and public distribution, said on Thursday. “We want the wheat produced by our farmers to be distributed here first,” Thomas said,...
More »Cash crisis threat to record harvest by Samar Halarnkar
Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...
More »UIDAI proposes directcash transfer of subsidies by Sujay Mehdudia
In a move that could revolutionise the subsidy payment mechanism for LPG cylinder and kerosene oil to the beneficiaries, especially the poor, and change the fertilizer subsidy payment mechanism for the farmers, the Unique Identification Authority of India (UIDAI) has suggested direct cash transfer through banks and ATMs to the targeted groups to ‘plug leakages' in the implementation of these schemes. The move is also likely to revamp the working of...
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