To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...
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Boost investment to tackle price rise: Farmers tell FM
-The Economic Times Farm sector has sought reforms in supply chain infrastructure, rationalisation of subsidies, decentralised handling of foodgrain, and higher resources to farm productivity and ensure food security. Presenting its pre-budget wish list to the Finance Minister Pranab Mukherjee, a delegation of farmers and sector experts said there was a need to boost investment in farm sector to tackle food inflation. Farm sector growth is likely to be 3-3.5% in 11th...
More »Paddy prices in West Bengal drop on high production by Sutanuka Ghosal
A high kharif paddy production 2011-12 coupled with almost zero exports to Bangladesh has pushed down paddy prices in Bengal. Paddy is selling around Rs 850-900 per quintal below the minimum support price of Rs 1,080 per quintal. Bengal, which stands second in rice production, has produced 15% extra this kharif paddy as compared to 2010-11 kharif. A dearth of rice mills in the state is also one of the major...
More »State’s paddy slip showing by Pranesh Sarkar
Two of the three Bengal agencies tasked with procuring paddy directly from farmers have failed to do so till now because of lack of funds, a revelation that blunts the state government’s attempt to blame the Centre. Paddy procurement is one of the purported issues over which the Congress and the Trinamul Congress have been calling each other names. The state government had pointed fingers at the Centre-run Food Corporation of...
More »Rising farmer suicides in West Bengal appalling: Left by Ananya Dutta
The frequency of incidents of farmers committing suicides is “unimaginable” in West Bengal, State Left Front chairman Biman Bose said here on Friday. “The government had fixed a target of 20 lakh metric tonnes for procurement of paddy from peasants in the State. According to reports, it has only collected 2 lakh metric tonnes so far,” Mr. Bose, who is also the State secretary of the CPI(M), told journalists. Stating that paddy...
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