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 Telegraph The wheat has to be saved, so joust over jute. Finance minister Pranab Mukherjee today assured Opposition leaders he had asked Bengal to increase production of jute bags after shortage of facilities to store this year’s bumper wheat crop rocked the Lok Sabha. Mukherjee said he had spoken to Bengal industries minister Partha Chatterjee and urged him to ensure uninterrupted production to ensure that the supply of jute sacks increased by...

-The Economic Times The story of rotting foodgrains and hunger rocked the Lok Sabha yet again on Wednesday morning, prompting the government to say it was ready for consultations with political parties to find a long-term solution to the problem of storage facilities. Finance minister Pranab Mukherjee gave this assurance when an angry Opposition sought greater availability of jute sacks for wheat before the monsoon. BJP and its ally JD(U) have been...

-Zee News Raisen: Protests over wheat procurement and shortage of jute bags at Bareli town near here took a violent turn on Monday with a farmer killed in police firing and about 40 farmers and some officials injured. An indefinite curfew has been imposed in the town. Former sarpanch Hari Singh Prajapati was killed in police firing while three others sustained bullet injuries, police said. Raisen Collector Mohanlal Meena and SP...