The Union Food Ministry today told the Supreme Court that its suggestion on limiting food procurement to available storage facilities, if put to action, would hit the poor farmer and “drastically impact food security of the nation”. In a 19-page affidavit, C Vishwanath, joint secretary in the Ministry, said: “If Food Corporation of India (FCI) and state government agencies that do the work of procurement were to limit procurement only to...
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Poor storage not behind high food prices: Economic advisor - Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
More »Poor storage not behind high food prices: Economic advisor by Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
More »Brazil has revolutionised its own farms. Can it do the same for others? by Piaui Cremaq
IN A remote corner of Bahia state, in north-eastern Brazil, a vast new farm is springing out of the dry bush. Thirty years ago eucalyptus and pine were planted in this part of the cerrado (Brazil’s savannah). Native shrubs later reclaimed some of it. Now every field tells the story of a transformation. Some have been cut to a litter of tree stumps and scrub; on others, charcoal-makers have moved...
More »NAC meet tomorrow to discuss draft of food security bill by Smita Gupta
Food grain entitlement programme to start in the 150 poorest districts in the first year The Sonia Gandhi-led National Advisory Council (NAC) is yet to reconcile the government's assurance of a monthly provision of 25 kg of foodgrains for every family with its desire to enhance it to 35 kg. Nor has it been able to resolve the contentious question of dual pricing — Rs. 3 a kg for the poor...
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