-NDTV.com Here's a story that won't make the 9 pm news. As per reports in a few regional language newspapers (yes, they still have The Spine), the Union is proposing an increase in the prices of rice, wheat and cereals sold through the National Food Security Act (NFSA) by Rs.7 per kg for Priority Households (PHH). Apparently, NITI Aayog has even recommended that the Food Ministry increases the price for sale to...
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Govt eyes stern steps to check food prices -Zia Haq
-Hindustan Times The government is considering price-control measures, such as asking traders to declare their available wheat stocks, and a crackdown on hoarding of grains, he said. India has ample wheat for federally run welfare programmes but speculative trading has pushed up cereal prices, prompting the government to consider measures, such as disclosure of stocks by private traders, a senior official said. The Union government is watching price and stock movements closely and...
More »Govt expects higher rice procurement of 518 LT in Kharif season despite output worries
-PTI/ Moneycontrol.com The estimates were finalised after discussion with state food secretaries and Food Corporation of India (FCI) officials in a meeting chaired by Union Food Secretary Sudhanshu Pandey here. The government fixed the rice procurement estimate for the central pool at 518 lakh tonnes (LT) for the current Kharif season, up by 1.60 per cent from the last year despite production concerns. The estimates were finalised after discussion with state food secretaries...
More »Food output may drop this year amid price rise concerns -Zia Haq
-Hindustan Times Planting of key kharif or summer-sown crops, which account for half of the country’s annual food output, was 1.5% lower on August 26 compared to last year, according to farm ministry data India’s food output is likely to fall after six straight record harvests, as extreme weather dented sowing of crops, such as rice and pulses, raising concerns about inflation and tight supplies, data from the farm ministry indicates. Planting of...
More »Foodgrain Blues: PDS Allocation Dips, Prices Rise -Subodh Varma
-Newsclick.in Meanwhile, output has also dipped due to weather ravages, which hints at tough times in coming months. Strange as it may sound but rice and wheat allocation for distribution through various welfare schemes has been steadily dipping in the past several years. It is strange because the population is growing and even the Supreme Court has urged the Central government to revise its population norms for food grain allocation since these...
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