-The Hindu Business Line The primary mandate of the Food Corporation of India (FCI) acting under directions of Food Ministry is to service requirements of the public distribution system (PDS) in association with State Government Agencies (SGAs). But over the years, FCI has also been called upon to intervene in managing market prices, albeit with little success. FCI efficiently procures wheat, paddy/milled rice but faces odds while selling surplus grains in the...
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Green shoots -Nilabja Ghosh
-The Hindu Business Line A Budget for agriculture A Budget is, generally speaking, a poor instrument for correcting food inflation. But this one conveys a clear intent to target the economic roots of the malaise by addressing supply side concerns. It also takes a long-term view of issues affecting the sector, transcending short-term production concerns. On the demand side, the simple economic response of reducing consumption can hardly apply, without compromising on nutrition....
More »CBGA ’ s Press Release on Union Budget 2014-15
-Centre for Budget and Governance Accountability New Delhi: The first budget of the new government offers few changes in terms of policy priorities from the interim budget for 2014-15 presented earlier this year, but it does reinforce some of the pro-market inclinations that had defined the last three budgets of the UPA-II government. The total size of the Union Budget in 2014-15 was projected in the interim budget to be...
More »Icrisat to cover 6 million ha of dry land in AP -N Madhav
-The Business Standard The programme would be extended to include all identified villages in 13 districts in the state in a phased manner starting with the Rabi crop season this year Hyderabad: International Crops Research Institute for the Semi-Arid Tropics (Icrisat), in partnership with the government of Andhra Pradesh, would cover six million hectares in the state under the dry land farming programme Bhoochetana. The programme would be extended to include all...
More »Subsidised wheat: CAG points out over Rs. 18 cr avoidable expenditure
-The Hindustan Times Chandigarh: The Comptroller and Auditor General of India (CAG) has pointed out an avoidable expenditure of Rs. 18.59 crore on giving subsidised wheat to more than 1.73 lakh ineligible below poverty line (BPL) card holders in Haryana between December 2011 and March 2013. The CAG report on social, general and economic sectors, tabled in the Haryana Vidhan Sabha on Monday, pointed out that the Haryana food and supplies department...
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