It is not every day that we have more than 60 million tonnes of foodgrain in our granaries. It must be an achievement, considering we were living literally from ship to mouth even in the 1960s. Unfortunately, what could have been a matter of pride has turned out to be a national shame, that too the second time in this decade (the first was in 2001). As Karl Marx said,...

Expressing concern at a large quantity of foodgrains rotting in the FCI godowns across the country, the CPI-M today demanded universal coverage of the people under the Public Distribution System (PDS) for proper utilisation of available food stocks. The government should consider universal coverage of the people under the PDS by dilution the criterian of APL or BPL for not only full utilisation of available foodgrains, but also to rein in...

The rise in global wheat prices by almost 50% in less than two months as commodity markets factor in a sharp drop in exportable surplus has not touched India, among world’s biggest producers and consumers of wheat. What’s more surprising, domestic futures prices too are unlikely to show any appreciable rise, going by the trend in India’s commodity markets. Barring minor blips, August and September wheat futures at NCDEX, largest exchange for...

The disastrous effect of the state throwing up its hands and retreating is most starkly visible in agriculture . Remember: agriculture involves 70 per cent of the country's population , generates about 56 per cent of national income, 64 per cent of total expenditure and about one third of total savings. So, any neglect translates into gigantic costs. And the central crisis in agriculture — production barely matching a depressed...

Union Minister of Agriculture, Consumer Affairs, Food and Public Distribution Sharad Pawar on Friday said retail prices of some food items like pulses, edible oil, milk and vegetables have been rising in the last six months. “There are few items (essential commodities) where there is no improvement in prices…retail prices of pulses such as urad dal and moong dal, edible oils like groundnut oil and vanaspati, milk and potato have shown...