Even as the highest ever harvest of wheat and rice is expected this year, callous administration is leading to rice literally going up in smoke in the Punjab. Tens of thousands of tons of rice stocked for the last five years in the open have now caught fire at a Punjab Agro storage area in Khamano, a large procurement market. An incensed Supreme Court had in 2010 said if the government...
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5 million tonnes of additional foodgrains for BPL families
To make storage space available for the fresh rabi harvest, the Union government has decided to allocate an additional 5 million tonnes of wheat and rice to the Below Poverty Line (BPL) population under the public distribution system (PDS). The Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, cleared the Food Ministry's proposal at a meeting on Monday. The additional foodgrains will be made available from June 1 over...
More »GoM may moot dual system of food subsidy by Sanjeeb Mukherjee
Ahead of a crucial meeting, on the coming Monday, of a group of ministers to finalise the Food Security Bill, a consensus is emerging on a dual system of subsidy. This is that families below the poverty line (BPL) be given food subsidy through direct cash transfer. And, those above the poverty line (APL) be distributed foodgrains at a level equal to the minimum support price (MSP) offered to farmers, which...
More »A problem of abundance
In early April, the government was sitting on a pile of 44 mt of wheat and rice, more than double of what is required for maintaining the buffer stock Every three or four years, India witnesses a boom-and-bust cycle in agriculture. In the trough, prices hot up and imports of foodgrains become necessary. At the crest, all that is forgotten, there is talk of exports and life moves on. Any thought...
More »Securing food for an emerging India by Rana Kapoor
The world population is estimated to reach nine billion by 2050. The Food and Agriculture Organisation (FAO) estimates that global food production needs to increase 70 per cent by 2050 compared to average 2005-07 levels to feed the rising global population. Clearly, a large part of the consumption will happen in India and China; which would require an additional 1.6 billion hectares of land to be brought into cultivation compared to...
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