-The Hindu Bangalore: In a major shift in its lending practice, the National Bank for Agriculture and Rural Development (NABARD) has opened a lending window to the corporate sector for construction of warehouses and creation of cold storages and cold chains. NABARD had only been granting soft loans to State governments for social sector projects. Speaking to The Hindu on Monday, G.R. Chintala, Chief General Manager (CGM), Regional Office, Bangalore, said it was...
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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...
More »Brittle supply chain leads to soaring vegetable prices -Sandip Das and Subhomoy Bhattacharjee
-The Indian Express Despite the scare scenario painted for production trends for key vegetables, it turns out that there is no dip in availability. This includes onion, whose prices have flared in the past few weeks. Data from the past two years compared with that for the current year indicates that the problem for the four vegetables that have a pan-India presence - onion, tomato, brinjal, potato - is because of logistics...
More »Bihar midday meal tragedy raises concerns about food security bill
-Reuters Raipur/Patna: The deaths of at least 23 children who were poisoned after eating a free school meal has triggered an outcry over food safety just as the ruling Congress party is set to launch an ambitious plan to feed 800 million poor, with an eye on elections due within a year. Congress leader Sonia Gandhi‘s national subsidised food project includes free school meals and expands existing handouts to make it probably...
More »The right medicine
-The Business Standard Govt should streamline its free medicines plan The Centre is reportedly going to shelve a plan to procure generic drugs for free supply to patients throughout the country. This is a serious error. Reportedly, states will instead be asked to do so; but, if a perceived inability to procure, stock and distribute these drugs is the reason for backtracking on the plan, how precisely will states be free of...
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