Bizarre are the ways of the government when it comes to managing, or mismanaging, the country’s food economy. On the one hand, it goes on mopping up bulk of the wheat and rice arriving in the mandis to build up its grain stocks, clearly to prevent foodgrain prices from falling below the minimum support price (MSP) level. On the other hand, it plans to offload 3 million tonnes of wheat...

Rice procurement has crossed 27 million tonnes in 2009-10, down by about three per cent over the last year's due to low production. Food Corporation of India (FCI), the nodal agency for procurement and distribution of foodgrains, and state agencies had procured 27.93 million tonnes of rice in the corresponding period of the previous marketing year, which runs from October to September. The Centre had procured a record 33.68 million tonnes of...

The empowered Group of Ministers on food security, scheduled to meet tomorrow, will have to walk a tightrope in trying to fulfill the ‘food for all’ promise made by the Congress party in its election manifesto. Not only is the government hamstrung by its inability to sustain procurement levels of of 50 million tonnes of foodgrains every year required to feed all poor — below poverty line (BPL) and above...

An empowered group of ministers headed by finance minister Pranab Mukherjee decided to release an additional 500,000 tonnes of wheat and rice every month for sale to ration card holders for the next six months, according to agriculture minister Sharad Pawar. The move is aimed at reining in prices and curbing inflation and will cost the government an estimated Rs2,000 crore. The group met on Wednesday to discuss foodgrain availability...

State Government reduces wheat quota to 25 kg from 35 kg Human rights groups have challenged the Rajasthan Government's latest initiative to provide wheat at the rate of Rs.2 per kg to the 27 lakh-strong BPL families in the State pointing out that there is a catch in the move—that instead of the entitlement of 35 kg of wheat per BPL family every month, the quota has been brought down to...