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FCI incurs Rs 484 cr loss due to storage & transit loss

The Food Corporation of India (FCI) is estimated to have incurred a financial loss of Rs 484.76 crore in 2010-11 due to damage to foodgrains and storage and transit loss, Food and Public Distribution minister K V Thomas said today. FCI, a nodal agency for procurement and distribution of foodgrains, is estimated to have lost Rs 484.76 crore in 2010-11, as against Rs 437.87 crore in the previous year, the minister...

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High on rhetoric, low on delivery by Himanshu

Budgets are no longer statements of accounts or expenditure. In the contemporary context, they are to be seen more as a statement of intent, ambition, reform and politics of inclusion. If these are the parameters on which Budget 2011 is to be judged, it fails despite an implicit statement of intent. For a government which has been elected on the agenda of inclusion, even the statement of intent is not new....

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Check leakages to execute food Act efficiently

Increase in offtake under various public distribution schemes. Supply of wheat and rice will have to be doubled if the proposed National Food Security Act for targeted beneficiaries is implemented with the current delivery mechanism, in which leakages are too high, the Economic Survey for 2010-11 has said. “Once we give a legal guarantee to people about the food that they are to receive, if we try to deliver on this promise...

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Contaminated Grains Being Supplied in Adivasi Areas

WHILE old stocks of foodgrains which are contaminated and inedible are being given to adivasi areas through the public distribution system (PDS), the newer stocks are being kept for exports, Brinda Karat, member of parliament and CPI(M) Polit Bureau member, told the union food minister K V Thomas on February 21. Showing to the minister the samples of contaminated rice collected from adivasi areas in Andhra Pradesh, she said inedible wheat...

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Food output: Demand-supply paradigm by Shashanka Bhide

The new food security schemes point to the capacity of agriculture to produce more when the incentives are right. Supply of cheap foodgrains will trigger demand for other food products, which the farm sector will have to meet. The many rural development programmes in operation have complex effects on the rural economy. Programmes such as Bharat Nirman are expected to improve connectivity of markets, provide access to more efficient sources of...

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