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Cereal inflation would be hard to tame amidst low rice acreage

Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...

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'Wheat stocks can be 80% higher than buffer requirement by Apr 1 next year'

-PTI/ Business Standard The government on Friday said wheat stocks in FCI godowns is expected to be 134 lakh tonnes at the start of next fiscal, 80 per cent more than the buffer norm. The government on Friday said wheat stocks in FCI godowns is expected to be 134 lakh tonnes at the start of next fiscal, 80 per cent more than the buffer norm. In a written reply to Rajya Sabha, Food...

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Can Modi Govt Handle Approaching Wheat Crisis? -Subodh Varma

-Newsclick.in Production has dipped for the first time in the Modi era and procurement has plummeted, bringing wheat stocks down and affecting foodgrain-based schemes. The Narendra Modi-led Central government is going to be confronted with a crisis that it has never faced yet – shortage of wheat, one of India’s key staples. The worry about this looming cloud is aggravated by the fact that the Modi government has not been particularly successful...

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MSP is Insurance Against Anarchy in Future: Economist Sukhpal Singh -Ajaz Ashraf

-Newsclick.in Answers to all the questions you are likely to have about the Minimum Support Price and the controversy surrounding it. Prime Minister Narendra Modi’s hope that his promise to repeal the three new farm laws will have the protesting farmers to promptly fold their tents and leave Delhi has been belied. The farmer unions have instead declared that they are not going to call off their one-year stir until the Union...

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Central must connect all states to food scheme for robust PDS: Parliamentary Standing Committee -Raju Sajwan

-Down to Earth Only 15 states procure rice, 8 procure wheat as part of decentralised distribution scheme  Only 23 states have implemented the Decentralized Procurement Scheme (DCP) so far — 15 to procure rice and eight to procure wheat — despite the scheme being in place for 23 years.   This was flagged by the Parliamentary Standing Committee on Food, Consumer Affairs and Public Distribution (Standing Committee) in a release dated August 13,...

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