-The Indian Express Thermal plants shut down, leading to power cuts, raw material supply cut off to industry, movement of food grains hit Chandigarh: SUSPENSION OF railway traffic to Punjab since September 24 amid the farmers’ agitation against the Centre’s farm laws has left the state gasping for power, fertilisers and raw material for industry and gunny bags for paddy procurement, besides bringing to a halt the movement of food grains and...

-The Indian Express The gap between the current and year-ago stocks, too, has narrowed down from over 15 mt to 1.5 mt between June 1 and October 1. Covid-19 may have unleashed all-round economic devastation, but has also turned into an opportunity for whittling down the Food Corporation of India’s (FCI) massive grain mountain. At 68.49 million tonnes (mt), the total wheat and rice stocks in the Central pool as on October 1...

-Livemint.com Wide disparities in agri-marketing regulations have resulted in fragmented markets across states. The new farm bills aim to change this but the jury is still out on whether it will have the intended impact. On 26 September, government procurement of food crops commenced across the country, five days in advance, following the enactment of three contentious farm bills. Under the new policy regime, farmers need not sell their produce through designated...

-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to finance its operations. FCI is the central agency that manages procurement, storage...

-The Indian Express Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill: The government has sought to project the farm Bill as “creating an ecosystem” where farmers will enjoy the “freedom of choice” to sell to anyone, anywhere in the country. On many occasions, it isn’t the law but what it appears to convey and the context in which it is framed that holds relevance. This certainly is the case with the...