-The Hindustan Times Geneva/ New Delhi: India told the World Trade Organisation on Friday it will only back a worldwide reform of customs rules - the so-called trade facilitation agreement (TFA) - if its demands on rules for government-driven food procurement and welfare schemes are implemented in the same timeframe. "India is of the view that the TFA must be implemented only as part of a single undertaking including the permanent solution...
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Why FCI needs professionals to sell its foodgrains -Tejinder Narang
-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...
More »Milk production touches a record high of 132.43 mt in 2012-13
-Press Information Bureau/ Ministry of Finance India recorded a peak production of milk at 132.43 mt in the year 2012-13 according to the Economic Survey for 2013-14, released in New Delhi today. India ranks first in global milk production and accounts for 17 per cent of world production. Milk production has become an important secondary source of income for 70 million rural households engaged in dairying and for 70 per cent...
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 »Karnataka forced to explore options to procure millets-Rishikesh Bahadur Desai
-The Hindu PDS needs cannot be met from open market Bidar (Karnataka): The State government is forced to consider other options for procuring millets for distribution under the public distribution system (PDS) as it could not meet the requirements from open market. It is estimated that 30,000 tonnes of jowar and 25,000 tonnes of ragi are needed for distribution under the PDS along with rice every month. However, only around 14,000 tonnes of...
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