-The Economic Times The government should liquidate wheat stocks through exports and sales in the open market and share the proceeds with farmers to raise their income levels, a government panel suggested. In its latest report to the agriculture ministry, the Commission for Agricultural Costs and Prices (CACP), which recommends a minimum support price (MSP) for agriculture crops, is said to have maintained that there is no reason to lift the...

-The Business Standard Govt must stop open-ended procurement of wheat It is not often that the government asks the Commission for Agricultural Costs and Prices (CACP) to review its report on the pricing and marketing policy for wheat — though the commission’s recommendations have been overlooked in the past to factor in political considerations while fixing minimum support prices (MSP). The present controversy over wheat- marketing policies concerns chiefly two issues....

-The Telegraph Kolkata: Owners of potato cold storages today announced a day’s shutdown on Monday and threatened a longer agitation to protest the Mamata Banerjee government’s refusal to allow a rent hike. Many officials termed this as another instance of the “populist” government’s reluctance to raise tariffs. “The rent is our only source of income. Overhead costs have spiralled in the past two years. But the government is not allowing us to increase...

-The Times of India How can a right given under one Act be a criminal offence under another, members of a Parliamentary standing committee have asked officials from the Union environment ministry, raising concern about conflict between the Forest Rights Act (FRA), 2006, and the Indian Forest Act (IFA), 1927. The House panel on science and technology and environment and forests headed by T Subbarami Reddy of Congress was gathering evidence on...

-PTI The government has surplus stocks in view of record production last year Food Corporation of India today said it will sell immediately 3 million tonnes of wheat to bulk consumers in open market in an effort to bring down prices. Last week, the Cabinet Committee on Economic Affairs (CCEA) had approved sale of 6.5 million tonnes of wheat under open market sale scheme (OMSS) through the tender process. "Out of 6.5 million tonnes...