-The Financial Express With the High Level Committee (HLC) on restructuring FCI pointing to a 47% leakage in the 55 million tonnes of grain distributed through ration shops, the only viable solution is to shut down the PDS as the HLC has recommended be done over a period of time. Not surprisingly, many have argued that, in states that have restructured their ration shop operations-such as Chhattisgarh-there has been a dramatic...
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Slowdown in rural wages not a temporary phenomenon -Ishan Bakshi
-Business Standard While the revised estimates of the gross domestic product (GDP) suggest the Indian economy turned the corner in 2013-14, concerns remain over the durability of this nascent recovery. Particularly worrying is the recent slowdown in rural wage growth, which signals a weakening of rural demand. Growth in rural wages, which had averaged 18 per cent in the previous few years, fell to less than five per cent in September...
More »Chhattisgarh: Policy leads to 20% drop in paddy procurement -R Krishna Das
-Business Standard About 6.2 MT of paddy have been reportedly arrived in the societies across the state Raipur: With paddy procurement for the kharif marketing season 2014-15 in Chhattisgarh finally coming to an end at midnight, about 6.2 million tonnes (MT) of paddy have been reportedly arrived in the societies across the state. The paddy procured this year was over 20 per cent less than the paddy purchased by the Chhattisgarh in the...
More »Food insecurity acts -Brinda Karat
-The Hindu The Shanta Kumar Committee's recommendations to unbundle the Food Corporation of India are in tune with U.S.-led demands raised in the World Trade Organization The Shanta Kumar Committee report, released last week, on a range of issues relating to procurement, storage and distribution of food grains is not only deeply flawed in its reading of the situation on food security, but also short on facts. It was prepared under the...
More »Five Important Questions On Food Security -Lola Nayar
-Outlook A parsing of the recent expert report on food security reveals that most of its solutions do not meet the greater public good. The BJP's election manifesto had stated "that ‘universal food security' is integral to national security. BJP will take steps to ensure that the benefits of the scheme reach the common man and that the right to food does not remain an act on paper or a political...
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