-Reuters Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world's largest food producers and consumers with a population of 1.2 billion, last suffered a drought in 2009, which forced it...
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Famines to ample stocks, India blunts drought effect-Zia Haq
-The Hindustan Times In 2009, when India had its worst drought in three decades in terms of rainfall, the country managed to produce a million more tonnes of foodgrains than it did in 2007, a normal year. Droughts, such as the one that has now settled in nearly half of the country, are no longer the disaster they used to be, thanks to one of the world's most efficient drought management systems. Largely indigenous...
More »PMO signals drought alert on deficit rain, asks ministries to help affected states
-The Times of India The Prime Minister's Office (PMO) has sounded an alert over a deficient monsoon, directing ministries to help states facing drought-like situations by operationalizing contingency plans to distribute seeds, augment fodder and power and deal with drinking water shortages. PMO said the monsoon season rainfall is likely to be 92% of the long-term average (LPA), less than the 96% LPA predicted in June that itself was a downgrade from...
More »Now cooking: battle for rice by Pranesh Sarkar
The Mamata Banerjee government is gearing to fight the Centre afresh for an additional allotment of subsidised rice to keep a pet project afloat. A shortage of cheap grain has hit the state’s Rs 2-a-kg rice scheme for about 20 lakh “needy” people who don’t figure on the below-poverty-line (BPL) list, with supplies having been stopped in the Darjeeling hills since April. Although the Centre had made it clear on March 12...
More »Why FCI doesn’t buy grain futures-Ruchira Singh
Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...
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