-The Indian Express The Modi government's efforts to fight inflation by releasing additional amounts of grain to states under the targeted public distribution system (TPDS) is threatening to unravel, as states are ill-equipped to handle extra allocations. While there are few takers among the states for the extra rice allocated under TPDS, the offloading of wheat stocks with the Food Corporation of India (FCI) to bulk buyers has taken off. Analysts say...
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Delayed seeds of reform -Ashok Gulati
-The Financial Express Controlling food inflation seems to have pre-occupied the attention of the Modi government, at least for now, and it has succeeded in minimising the damage despite a poor monsoon. The Modi government had to hit the ground running as far as food and agriculture is concerned. With delayed and deficient rains in June and the spectre of El Nino, drought was looming large. Food inflation was stubbornly stuck at...
More »Ashok Gulati, former chairman of the Commission for Agricultural Costs and Prices, and at present chair professor agriculture, the Indian Council for Research on International Economic Relations, speaks with Sandip Das
-The Financial Express From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level committee to recommend measures for restructuring the Food Corporation of India (FCI), the government has taken various steps for cutting down food subsidy and curbing further spike in agricultural commodity prices. From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »Stick to reform
-The Business Standard Do not roll back crucial food procurement reform Food Minister Ram Vilas Paswan, in an interview to this newspaper, has said that his ministry has not come to any "firm conclusion" on his directive to states about procurement. The Centre had told states to stop offering a bonus on top of the Centre's minimum support prices (MSPs) for wheat and rice, and to limit their procurement to match the...
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