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Mulling overseas wheat sale via government deals: Food Minister

-Reuters India is exploring the possibility of selling wheat under government deals to countries in Africa, the Middle East and neighbours such as Afghanistan and Pakistan, Food Minister KV Thomas said, as open market exports stall on low prices. "There are some countries like Uganda, the Gulf, Afghanistan and Pakistan which need wheat," he said. A panel set up to look at the issue of India's surplus stocks was examining whether to sell...

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Reaping gold through cotton, and newsprint-P Sainath

The same full page appeared twice in three years, the first time as news, the second time as an advertisement “Not a single person from the two villages has committed suicide.” Three and a half years ago, at a time when the controversy over the use of genetically modified seeds was raging across India, a newspaper story painted a heartening picture of the technology's success. “There are no suicides here and people...

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Government to consult parties on grain storage

-The Economic Times The story of rotting foodgrains and hunger rocked the Lok Sabha yet again on Wednesday morning, prompting the government to say it was ready for consultations with political parties to find a long-term solution to the problem of storage facilities. Finance minister Pranab Mukherjee gave this assurance when an angry Opposition sought greater availability of jute sacks for wheat before the monsoon. BJP and its ally JD(U) have been...

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The rot’s now setting in

-The Hindustan Times The government stocks a fifth of its grain out in the open, left to be washed by the monsoon. As the UPA’s most ambitious welfare programme — Food security for poor Indians — is unrolled, more grain will be collected and allowed to rot unless warehouses are built to stock an additional 35 million tonnes beyond the 110 million tonnes of storage we already have, the Planning Commission...

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How normal monsoon could impact agriculture, inflation, income & storage-Mishita Mehra

Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most important impact is, of course, on agricultural production, especially in the kharif or summer season....

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