Even as the government races against time to procure enough jute bags to store grains in the face of record procurement , gunnysack traders are saddled with massive unsold stocks. A look at the godowns of some traders in the national capital alone shows there is no shortage of jute bags in the country. While the central government has placed an order for four lakh jute bags to be imported from...

-The Economic Times Grain stocks with state agencies are likely to cross 75 million tonnes some time in June 2012, while covered capacity to store is less than 50 million tonnes. The rest would be under CAP (with pucca or even kachcha plinths) exposed to potential large-scale damage. An early and rational policy decision is required to reduce the stocks by at least 7-10 million tonnes to avoid high costs of...

The crux of the problem is not leakages, but unsold stocks. The debate on the public distribution system is being increasingly overwhelmed by the issue of corruption. The pressures on the system are seen primarily, if not entirely, as one of leakages. This preoccupation with leakages has reached a point where the government appears set to throw up its hands and just hand over cash to families, irrespective of whether they...

-The Times of India Prime Minister Manmohan Singh is likely to discuss the foodgrain storage and crop situation with food minister K V Thomas and agriculture minister Sharad Pawar on Wednesday amid news of a bumper harvest this year and overflowing granaries.  The meeting, slated for Monday, was postponed, and is likely to discuss options before the government to offload the grains in the central pool that are expected to reach record...

As news of record food grain production trickled from the corridors of the agriculture ministry, officials of the storage wing in the adjoining food ministry began working overtime to save the department the embarrassment of plenty. Food minister KV Thomas is under pressure to ensure that the toil of farmers is not wasted. "It's my duty to make sure that food grains don't rot. We are on our way to create...