-Business Standard At end-April, foodgrain stock in the pool was estimated at 36.95 mn tonnes, 6.7% more than at the same time last year As a drought and drinking water crisis grips several states, the food stock position in the central pool seems to be among the few comfort factors for the government. At end-April, foodgrain stock in the pool was estimated at 36.95 million tonnes, 6.7 per cent more than at the...
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Centre asks states to scale up DBT scheme for food subsidy -Sandip Das
-The Financial Express In a bid to curb pilferage of foodgrains in the Targeted Public Distribution System (TPDS), the Centre on Saturday asked the states to opt for Direct Benefit Transfer (DBT) under which the subsidy component is credited to bank accounts and allows the beneficiaries to buy foodgrains from the market. However, for implementing DBT, the states must complete digitisation of beneficiary list and seed bank account details for fund transfer....
More »Why pulses prices are rising -Rajesh Bhayani
-Business Standard Lower output and inadequate policy are some of the reasons Price of pulses has once again started rising with chana trading at Rs 58 per kg in the wholesale market and tur dal set to touch Rs 200 per kg-level in the retail market. Apart from lower crop in India and globally, thoughtless use of policy tools has contributed to the price rise. Government agencies have created a buffer stock of...
More »Grain of truth
-The Indian Express (Edit) Punjab’s wheat payment crisis strengthens the case for direct transfers in MSP operations. For a state whose farmers have already suffered from crashing basmati paddy prices and damage to their cotton crop from whitefly pest attacks, the current payment crisis in wheat couldn’t have come at a worse time. Government agencies have so far procured over 6.5 million tonnes (mt) of wheat from Punjab in the new...
More »The Government Must Act on the CAG’s Damning Report on Rice Milling and Paddy Procurement -Gursharan Singh
-TheWire.in The current policies and systems of implementation result in heavy losses and are a huge disservice to farmers and consumers. Former prime minister Manmohan Singh once remarked in an interview that “we are a democracy but we are also an indisciplined democracy.” I think he was referring to our bad habit of not putting our house in order till things don’t get completely out of hand. This propensity is shown by our...
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