Higher support prices for kharif pulses has resulted in a sharp jump in acreage under cultivation and production is estimated to rise to 6 million tonnes in the kharif season of the 2010-11 crop year The support price for wheat is likely to be hiked by a nominal Rs 20 in the rabi season, but the procurement rate for pulses could go up sharply, as the government wants to reduce dependence...
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A Thought For Food
Given the scale of UPA-II's proposed food security programme, getting the recipe right was never going to be easy. But even accounting for their differences, the National Advisory Council (NAC) and the government are having more problems than expected pushing the right to food legislation. Two NAC proposals have been rejected by the ministry for consumer affairs, food and public distribution, with the result that a fresh draft may need...
More »Ideal time to export surplus food stocks, say economists by Devika Banerji
Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...
More »Govt cuts PDS foodgrain price after SC rap by Anindita Dey
In response to the Supreme Court order on rotting foodgrain, the Centre has decided to distribute wheat and rice to poor families at Rs 2 and Rs 3 per kilo, respectively. The Ministry of Food and Public Distribution System is also expected to brief the apex court on the steps taken to address the problem. In a letter to all states, the Centre has urged the state PDS machinery to distribute...
More »Keynes-Hayek dilemma by KP Prabhakaran Nair
With more than 400 million Indians going to bed hungry each day, food security has become a crucial issue. On June 4 last year, the president made an announcement: “My government proposes to enact a new law — the National Food Security Act — that will provide statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban...
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