-Newsclick.in Offtake from the Public Distribution System is stagnating although there are millions who need more food. Cereal stocks of wheat, rice and coarse grains maintained in the so-called central pool hit an all-time high of 742 lakh tonnes in July this year and in August were only slightly lower at 713 lakh tonnes, according to the department of food and public distribution’s monthly bulletin. Compared with 2015, grains stocks have zoomed...
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With stocks piling up, FCI is in deep trouble -Rajalakshmi Nirmal
-The Hindu Business Line Huge losses on procured grains and rising debt are a big concern FCI (Food Corporation of India) is sitting on a mountain of wheat and paddy. In January, the total stock of rice and wheat with FCI was 45.4 million tonnes. This increased to 46.3 million tonnes by April and touched 62.2 million tonnes in May. In July, the stock increased further to 74.2 million which was significantly...
More »Govt. to offer extra subsidised foodgrain -Dipak K Dash & Sidhartha
-The Times of India NEW DELHI: The government is set to offer additional foodgrains at subsidised rates to offload massive stocks piled up in granaries due to a liberal support price regime and also add a kilo of sugar to the monthly ration for beneficiaries under the National Food Security Act (NFSA). Over the next few days, the Union Cabinet is expected to decide on providing additional 2 kg grains to every...
More »Food for thought for the new govt -Siraj Hussain
-The Hindu Business Line Given the ballooning costs of storing grain, there is an urgent need to cut down excessive procurement of rice and wheat In 2018-19, wheat procurement at 35.8 million tonnes (mt) was the second highest ever. It is estimated that by the end of kharif marketing season in September, rice procurement may also touch an all-time high of 45 mt. With such high procurement, one of the first difficult...
More »Promoting pulses offtake via PDS and related policies -G Chandrashekhar
-The Hindu Business Line By converting a necessity into a virtue, the government has decided to release the large inventory of procured pulses to different States at a discounted rate for utilisation in various welfare programs. Necessity because the stocks continue to occupy scarce warehousing space and incur huge carrying costs. Also, the Centre thinks, warehousing space may be needed during the upcoming kharif harvest less than six weeks away; and of course,...
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