-The Business Standard Food Corporation to restrict procurement of foodgrain from states announcing additional sops In a crackdown on the practice of states announcing bonuses on the minimum support price (MSP) for wheat and rice, the Centre has said Food Corporation of India (FCI) will restrict procurement of foodgrain from such states. This will be effective from the coming rice procurement (October 2014-September 2015) and wheat procurement (April 2015-March 2016) seasons. If states...
More »SEARCH RESULT
Total Matching Records found : 322
No to unbundling FCI
-The Business Standard A totally novel method needed to procure and disburse food Unbundling the Food Corporation of India (FCI) by hiving it into three separate entities for procurement, storage and distribution of foodgrain seems prima facie an unsound proposition. It would lead to a multiplicity of food handling agencies; the proliferation of bureaucracy would cause procedural delays and poor coordination. Administrative expenses, which are already high and bloating the food subsidy...
More »Karnataka forced to explore options to procure millets-Rishikesh Bahadur Desai
-The Hindu PDS needs cannot be met from open market Bidar (Karnataka): The State government is forced to consider other options for procuring millets for distribution under the public distribution system (PDS) as it could not meet the requirements from open market. It is estimated that 30,000 tonnes of jowar and 25,000 tonnes of ragi are needed for distribution under the PDS along with rice every month. However, only around 14,000 tonnes of...
More »UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra
-Live Mint A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...
More »Water fast depleting in south India’s reservoirs -Vishwa Mohan
-The Times of India NEW DELHI: The forecast of a weak monsoon this year has brought back worries of a water crisis in the country. Water is fast depleting in key reservoirs, and although current levels are significantly higher than normal in most places with the exception of south India, a slow start to the monsoon next month could quickly bring the situation to a head. The latest update from the...
More »
