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Food Corporation of India is prepared to implement Food Security Law: KV Thomas -Sutanuka Ghosal

-The Economic Times KOLKATA: In the wake of the just-enacted National Food Security Act, the Union Minister for Food and Public Distribution, Prof KV Thomas recently reviewed the operations of Food Corporation of India (FCI), especially from the point of view of its preparedness for implementing the law. Expressing satisfaction after the review, Prof. Thomas said the FCI had been undertaking various steps in the last one year towards increasing the storage...

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FCI fully prepared for implementation of Food Law: Thomas

-PTI NEW DELHI: FCI, the nodal agency for procurement and distribution of foodgrains, has sufficient stock to ensure smooth implementation of the landmark food security law, Food Minister K V Thomas said today. After a review of Food Corporation of India, he expressed satisfaction that it has been taking steps to modernise the public distribution system and said that it has sufficient stock to meet the requirement under the new food law,...

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Second green revolution will start from Bihar: CACP chairman -Sutanuka Ghosal

-The Economic Times KOLKATA: Soon Bihar will become Punjab and second green revolution will start from these areas, said Dr Ashok Gulati, chairman, Commission for Agriculture Cost & Price at the 3rd Crop Summit held in Bihar. Dr Gulati raised the issue of unavailability of proper support value to farmers. He further told that Bihar doesn't have any issue in production but procurement is the major issue. Its rice milling capacity is...

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'Foodgrain warehousing demand to grow up to 6% in next 5 yrs'

-PTI MUMBAI: The demand for foodgrain warehousing is expected to grow by 5-6 per cent annually in the next five years, according to a report by Rabobank. The growth will be driven by a range of factors, including the government focus on food security, current storage space shortage and the recently announced National Food Security Bill, Rabobank analyst Vaishali Chopra said. "The country must see improvements to its existing storage system as well...

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90% onion stocks over, hoarders could look to make a killing-Dipak Kumar Dash

-The Times of India NEW DELHI: Onion hoarders and unscrupulous traders could be looking to make a killing over the next 15-20 days as 85-90% of the country's onion stock is over and only 3-4 lakh tonnes remain available for consumption. Since traders are aware of the depleting stock, and know that arrival of the kharif crop from October will ease supplies and depress prices, they seem to be trying to extract...

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