THE issue of foodgrain management policy has assumed renewed importance with several reports in the media of large-scale wastage and diversion from the public distribution system (PDS). In a cogently-argued paper recently, Prof Kaushik Basu, a well-known economist and the chief economic adviser in the ministry of finance, has argued for foodgrain to be released in lots of much smaller size into the market, than is presently done by the...

Returning home from work recently, farmer Baidhar Singh was aghast to find his thatched hut in Balasore district, Orissa trampled to the ground. Just a few hundred metres away stood the culprits, huge and grey against the darkening sky: a herd of 65 wild elephants. That was a few weeks ago. Up till now, Singh and his wife are still calling a polythene-covered lean-to home. Singh’s experience has become quite common in...

But retail prices topped an eye-watering Rs. 85 a kg in Bangalore yesterday Speculative fever gripped the onion trade on Tuesday in Bangalore following a sharp decline in prices as a significant section of the buyers kept away, hoping that the slide will continue. However, retail markets in the city continued to remain buoyant, unmoved by the turmoil in the wholesale business. Trade sources speculated that the Union Government's order banning...

In a major catch, District Supply officials and Food Cell police unearthed paddy and rice allegedly stashed in as many as 1,700 gunny bags in a godown of a private rice mill in Keerathurai Mahalipatti here on Sunday. Two workers of the rice mill were detained and a goods vehicle was impounded, officials said. Following complaints from consumers that some ration shops claimed shortage of Re.1-rice, Collector C. Kamaraj formed a special...

Many bee-keepers in danger of losing livelihood, warn industrialists The ban on export of honey has led to a massive crash in the prices of honey, which has hurt the bee-keepers of the state. Expressing concern about the state of affairs, Kashmir Apiaries Exports/ Little Bee Impex CMD Jagjit Singh Kapoor said, “As a result of this ban, honey prices in the country are likely to crash further and the vulnerable...