-The Economic Times The government may ban wheat exports by private traders under open general licence despite having enough stocks to feed the country for two years due to concerns about high global prices and the drought-like situation back home that has triggered a 20% rise in wheat futures in a month. "There are chances that private traders may divert all the available wheat in the market -- released at subsidised rates...
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Food security is a basic right-Brinda Karat
-The Times of India The present food Bill legalises the injustices of a targeted distribution system A national campaign throughout the month of July on issues related to food security and against rising prices will culminate in a five-day sit-in protest in Delhi beginning today. These are issues fundamental to the well-being of the majority of our people and therefore deserve national support. With the spectre of drought haunting the countryside, speculators, hoarders...
More »KV Thomas, Union minister for consumer affairs, food and public distribution interviewed by Nitin Sethi
Union minister for consumer affairs, food and public distribution KV Thomas tells Nitin Sethi that it makes better sense to distribute stocked foodgrain to people of the country than subsidise exports. Possible spread of drought that the government is looking at... At the moment, monsoon rainfall is 23% below the long term average. But we have to wait another 15 days to know the full situation. We had discussion in the presence...
More »No One Killed Agriculture
-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...
More »India rethinks frequent ban on export of foodgrain, other farm commodities-Amiti Sen
-The Economic Times India's frequent ban on export of foodgrains and other farm commodities may soon become a thing of past as the commerce department is working on a policy to allow traders meet their exports obligations even in times of domestic shortages through imports. The move will help India restore some global credibility as it has often faced flak for its banning spree. "Once we are ready with the proposal, it will...
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