Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...
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Keynes-Hayek dilemma by KP Prabhakaran Nair
With more than 400 million Indians going to bed hungry each day, food security has become a crucial issue. On June 4 last year, the president made an announcement: “My government proposes to enact a new law — the National Food Security Act — that will provide statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban...
More »Rotting Foodgrains in Asia: The Case Of India And The Philippines by Arpita Mathur
A common incidence of rotting food grains has been reported in India and the Philippines even as millions are starving. The problem has to be tackled with dexterity at both the domestic and regional levels to curb this alarming wastage of food that contributes to food insecurity at large. RECENT NEWS reports from the Philippines and India interestingly surfaced with one common problem -- rotting food grains in both countries, even...
More »Govt expects record wheat crop
The central government said on Friday it expects this year’s wheat output to total a record 82 million tonnes as the country grapples with a grain storage problem. India produced a record 80.71 million tonnes of wheat in the 2009-10 crop year, which runs from July to June, despite the worst drought in nearly four decades. “If there is no terminal heat this year, output is expected to be 82 million tonnes,”...
More »We have given food security model: Raman
Chhattisgarh, long known as the epicentre of Left-wing extremism, clocked the highest growth rate among all states in 2009-10. The emergence of the state as a ‘miracle economy’ is yet to loosen the grip of politics of misery-mongering. Chief minister Raman Singh discusses the state’s growth journey and its challenges with Bharti Jain. Chhattisgarh is the latest growth story, having ranked first among states with 11.49% growth rate. What are...
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