India has large wheat stocks already yet policy dictates they increase. In states like Punjab, Haryana, UP and Gujarat prices have fallen and are below the Minimum Support Prices. This is a policy-induced outcome. A safe game in grains is fine, given the global politics of grain trade and the great ability of Indian politics to subsidise the wrong man in the vote bank — but how safe is safe? The...

Pawar said the excess wheat is not to be opened for export until it is assessed how much grain will be needed for distribution under the National Food Security bill Agriculture minister Sharad Pawar Monday said the government will take a final view on lifting the export ban on wheat and non-basmati rice after assessing foodgrains requirement under the proposed National Food Security Act. Last month, Pawar had said that the government...

The National Advisory Council has proposed a framework for the National Food Security Act. But its potential could be wasted by a flawed approach to the PDS. Two years have passed since the Central government announced that a draft National Food Security Act (NFSA) would be posted on the Food Ministry's website “very soon.” After prolonged deliberations, a detailed framework for this Act has recently been proposed by the National Advisory...

-The Hindu   “Surveys leading to move are misleading, towing a pre-planned agenda” Opposing the Delhi Government's move to extend a pilot project in the Capital for providing cash subsidies in place of subsidised foodgrains for the needy, a group of non-government organisations led by social activist Arvind Kejriwal has said the decision is “questionable” and that the surveys conducted ahead of the project's implementation were “misleading”. One of these surveys conducted by...

Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...