The recent spike in world food prices has further widened the gap between the developed and the developing economies. While, over 70 per cent of the world's population resides in poor countries, it has access to less than 40 per cent of the world's resources such as water, irrigated land, power, etc. This is a result of inconsistent economic progress (post-colonialisation birth pangs), rampant population growth and distractions such as...
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Ensuring food security
No one will deny that the least a democratic government can do for its people in a civilised society is to ensure access to food at a reasonable price. Ensuring food security is, therefore, a fundamental responsibility of the state. However, it is not clear if enacting a Food Security Bill is the best way to go about it. India has become a democracy of laws. On paper, every citizen...
More »14,000 tonnes of foodgrain rot in FCI godowns: RTI
Improper storage and negligence continues to damage foodgrain stock of the Food Corporation of India (FCI). In fact, it had about 14,000 tonnes of totally damaged rice, wheat and paddy, which could not be issued for distribution at the start of the year. According to information obtained by RTI activist Dev Ashish Bhattacharya, the nodal government procurement agency had as many as 13,824 tonnes of “non-issuable” foodgrain stock as on January...
More »Wheat stocks, storage crunch give FCI sleepless nights by Komal Amit Gera
At a time the country is facing high food inflation, its bread basket is sitting on colossal wheat stocks. The stocks, to the tune of 12 million tonnes, lying in godowns and open spaces in Punjab are giving sleepless nights to the Food Corporation of India (FCI). About 800,000 tonnes wheat moves out of Punjab in a month. Based on these figures, the state can clear about five million tonnes wheat...
More »Plan panel for hoarding grain to curb subsidy? by Nitin Sethi
Is the Planning Commission too singularly focused on reducing food subsidy and intending to dissuade people from buying subsidized food rations even as the government spends thousands of crores to store excess grains in its stocks? Is it being penny wise but pound foolish? An internal note of the Plan panel suggests so. A note prepared by the panel reveals some startling information. On April 1, 2010 -- normally the...
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