-The Hindu Business Line The primary mandate of the Food Corporation of India (FCI) acting under directions of Food Ministry is to service requirements of the public distribution system (PDS) in association with State Government Agencies (SGAs). But over the years, FCI has also been called upon to intervene in managing market prices, albeit with little success. FCI efficiently procures wheat, paddy/milled rice but faces odds while selling surplus grains in the...
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The US probe of rice trade won’t yield much -Tejinder Narang
-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...
More »Promoting cultivation of minor millets to beat poverty -S Sundar
-The Hindu Select farmers to be trained on improved farming technology Madurai (Tamil Nadu): The Department of Agriculture has chosen to promote cultivation of minor millets to beat economic backwardness among the farming community in rain-fed Kalligudi block. The officials have identified 322 farmers and 78 farm hands as beneficiaries under the State Balanced Growth Fund in seven villages of the block. The State Government has allotted Rs. 23 lakh under the fund. "Select...
More »Fighting food inflation
-The Hindu The government believes that the expectation of a poor monsoon and consequent fall in harvests has encouraged traders and middlemen to hoard food staples such as onion and potato. For a government that rode to power on the back of widespread dissatisfaction among people over runaway prices, especially of food commodities, the rising cost of onion and potato are posing a major challenge now. Though there is no reason to...
More »Rice Prices May Rise Due to Lack of Rains in Andhra Pradesh -Uma Sudhir
-NDTV Hyderabad: The first month of monsoon has turned out to be the worst in years for farmers, especially in coastal Andhra Pradesh that has had very little rain because of a truant southwest monsoon. Hardly 30 per cent sowing has been done so far and with no rains, even that has dried up. Consumers are bound to be left high and dry with food prices rising steeply. We met Kittappa,...
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