-Hindustan Times The Union government has allowed charities and states to buy extra stocks of federally held foodgrains at a reserve but cheaper-than-market price as several migrant workers battle a food crisis. New Delhi: The Union government has allowed charities and states to buy extra stocks of federally held foodgrains at a reserve but cheaper-than-market price as several migrant workers battle a food crisis. The federally run Food Corporation of India has reserved...
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India lockdown: There’s enough food, but India is struggling to get it to people
-The Indian Express As far as the availability of food is concerned, the country has more than adequate stock. Also, thanks to a surplus monsoon, a bumper rabi crop is on its way. With markets shut, farm labourers absent from fields, and transportation services at a halt, is India likely to face a food crisis because of the coronavirus-induced lockdown? Possible, if steps are not taken in some key areas. As far as the...
More »Stimulus is less than what it appears to be, govt must do more for farmers -Ajay Vir Jakhar
-The Indian Express Farmers have wholeheartedly voted for the PM twice; it is the time he reciprocated the feelings and returned the favour. Every season has an end for a harvest to begin. April is upon us; the Indian summer will soon sear the land and wheat harvest will commence in full measure in Punjab & Haryana, while it has already begun in other parts of the country. Other than that, we...
More »In a first, Punjab mandis to store wheat produce post-procurement -Gurpreet Singh Nibber
-Hindustan Times The department officials said the idea of storing wheat on the premises of rice mills could not materialise because they already have an excess paddy stock. Chandigarhh: In the wake of a stalemate with the Food Corporation of India (FCI) over finalisation of storage rates for covered area plinths (storage in open), the Punjab food and civil supplies department has decided to store wheat produce in the state’s grain markets...
More »Listing LIC could make its investments riskier -Aunindyo Chakravarty
-The Tribune LIC is India’s biggest stock-market investor. Once listed, it might be tempted to increase its exposure to equities. We know what that did to India’s most popular mutual fund in the late 1990s. UTI’s US-64 collapsed because it had made too many risky investments. Most of 20 crore small investors never recovered investments A few years ago, I was part of a jury to select the best businesses in India...
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