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Prospects for wheat exports turn bleak -Vishwanath Kulkarni

-The Hindu Business Line Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year. The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to...

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Data Drive: Clear the food rot

-The Financial Express Only 6% farmers have gained from selling wheat and paddy directly to any procurement agency and the diversion of grains from the public distribution system is close to 47%. Against this backdrop, the Shanta Kumar panel's report on reorienting the role and restructuring of Food Corporation of India (FCI) needs to be adopted by the government at the earliest and in totality. This will indeed make for huge...

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Reduce food security benefits from 67% to 40% population, says panel on restructuring FCI -Jitendra

-Down to Earth Shanta Kumar committee report recommends privatisation, outsourcing and cash benefit transfer to cut food procurement and distribution costs The high level committee set up to look into the restructuring of Food Corporation of India has recommended reducing the number of beneficiaries under the Food Security Act-from the current 67 per cent to 40 per cent. It has also recommended allowing private players to procure and store food grains, stopping...

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Innovate to revamp rural agriculture -Aakriti Shrivastava

-The Pioneer Earlier, due to poor electricity supply in Jharkhand, farmers were unable to store vegetables, thereby incurring losses. Now, with the introduction of ‘desi fridges' that do not require external energy, they can get themselves a better deal, writes Aakriti Shrivastava Sanjay Singh, a smallholder farmer is market savvy. He claims to produce the best quality vegetables in his village, Madanpur, in Jharkhand. He sells his vegetables in a nearby...

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Decoding the oil price fall -Raghuvir Srinivasan

-The Hindu Year 2015 will be crucial as shale oil firms begin to feel the pinch of low prices Are falling oil prices good or bad for the global economy? And how do they work for India? Till recently these questions were no-brainers. Cheaper oil is obviously good for the global economy; for an energy-intensive economy such as India's, which also depends on imported oil for meeting four-fifths of its needs, a...

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