Global foodgrain prices are likely to remain high in the coming months despite high output estimates this season. Bad weather in Brazil and Russia and rising global demand have made the grain market sensitive. The assessment of the damage due to dry weather in Russia, Western Australia and South America and floods in India, China and Pakistan is yet to be done. This is offering grain traders speculative opportunity on futures...
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Towards another green revolution by NV Krishnakumar
Soon, the National Food Security Act will become law. The ruling United Progressive Alliance flagship social security programme of providing every Below the Poverty Line (BPL) family with 25 kg of rice or wheat at Rs 3 per kg per month is a welcome step to alleviate some of the human trauma that haunts the poor in our country. The government also hopes that the Act will secure freedom from...
More »Proper storage of grain needed for food security, says expert
Popularly known as father of green revolution in India, M S Swaminathan, felt India has to provide at least 50 grain storages across the country of one million tonne capacity each for the successful implementation of the Right to Food Security Act. "We require at least 50 grain storages across India that can contain one million tonne of grains each. For the success of this project, by whatever name it...
More »Higher state support price drives farmers to increase land for pulses by Prabha Jagannathan
The higher purchase price announced by the government has finally driven farmers to set aside more land for pulses this kharif, but experts doubt the approach can fill the increasing gap between demand and supply of this increasingly important source of protein for Indians. In the short-term though it could help reduce imports of pulses, running into thousands of crore every year. This year the acreage for pulses is pegged...
More »NAC close to finalising Food Security Bill by Smita Gupta
At August 30 meet, it was felt there should be a system of two prices, differential entitlements Since then, NAC Working Group on Food Security has had detailed discussions The Sonia Gandhi-led National Advisory Council (NAC) may be close to finalising the contentious Food Security Bill when it meets here on September 24. Planning Commission Deputy Chairman Montek Singh Ahluwalia and officials from Ministries concerned, including Women and Child Development Secretary, will be...
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