-Newsclick.in Offtake from the Public Distribution System is stagnating although there are millions who need more food. Cereal stocks of wheat, rice and coarse grains maintained in the so-called central pool hit an all-time high of 742 lakh tonnes in July this year and in August were only slightly lower at 713 lakh tonnes, according to the department of food and public distribution’s monthly bulletin. Compared with 2015, grains stocks have zoomed...
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There is a fundamental problem of demand today. At the core of it is incomes that aren't rising enough -Harish Damodaran
-The Indian Express The certainty that producers once enjoyed — of finding buyers for their wares without doing much beyond minor price adjustments to bring supply and demand into equilibrium — has ceased to exist. India traditionally never had a demand problem. On the contrary, its economy was always supply-constrained. Proof of no demand paucity is that between 2000-01 and 2015-16, domestic consumption of both finished steel and cement roughly trebled, from...
More »On CMs' table today: Plan to revamp permit-raj food laws -Ravish Tiwari
-The Indina Express The proposal holds significance given that the EC Act arms the government with powers to impose Stock Limits and movement restrictions on agricultural commodities. New Delhi: Arguing that the Essential Commodities Act, 1955, was framed during the era of food scarcity, the NITI Aayog has proposed that the Act be scrapped because it is an “impediment in the free movement of commodities” given that the country is now...
More »It's time to take stock of the electoral process -SY Quraishi
-The Hindu The general election saw serious questions being posed to the Election Commission. The 17th Lok Sabha must deliberate on them The biggest election in the world has finally come to a successful end for which the three Election Commissioners and their 12 million staff deserve appreciation. Unfortunately, what deserved to be remembered as a subject of national pride became mired in several controversies. At the top of the list was...
More »Gujarat: File case on toor dal scam, says Congress MLA as quality checks on
-The Indian Express The checking of bags of toor dal lying in the yard of Visavadar Agricultural Produce Market Committee began on Sunday after Congress MLA of Visavadar Harshad Ribadiya staged a dharna outside the office of the district collector of Junagadh. Rajkot (Gujarat): Teams of Gujarat State Civil Supplies Corporation Limited (GSCSCL) and National Agricultural Cooperative Market-ing Federation (NAFED) of India Limited continued their quality check on 24,000 bags of toor...
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