-The Indian Express The Modi government's efforts to fight inflation by releasing additional amounts of grain to states under the targeted public distribution system (TPDS) is threatening to unravel, as states are ill-equipped to handle extra allocations. While there are few takers among the states for the extra rice allocated under TPDS, the offloading of wheat stocks with the Food Corporation of India (FCI) to bulk buyers has taken off. Analysts say...
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Farmers against bringing onions under Essential Commodities Act -Dilip Kumar Jha
-The Business Standard Won't sow next season if Rs 15 MSP not declared and govt does not procure at market driven price, scarcity seen in 2015-16 Lasalgaon (Maharashtra): Arjun Kadam, a farmer here, has vowed not to sow the onion crop next season because of the government's frequent intervention to keep prices low, in many cases lower than the cost of production. Thousands of farmers such as Kadam have voiced concern over the...
More »Why we still need the APMC laws -Madan Sabnavis
-The Business Standard States need to create alternative marketing structures for farm produce since middlemen also provide vital services that are otherwise unavailable to the farmer One of the issues often raised in the context of high food inflation is the pressing need to change the Agricultural Produce Market Committees (APMC), the marketing boards established by state governments. The earlier United Progressive Alliance government had asked the Congress-ruled states to remove fruit...
More »Green shoots -Nilabja Ghosh
-The Hindu Business Line A Budget for agriculture A Budget is, generally speaking, a poor instrument for correcting food inflation. But this one conveys a clear intent to target the economic roots of the malaise by addressing supply side concerns. It also takes a long-term view of issues affecting the sector, transcending short-term production concerns. On the demand side, the simple economic response of reducing consumption can hardly apply, without compromising on nutrition....
More »The US probe of rice trade won’t yield much -Tejinder Narang
-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...
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