The Food Corporation of India (FCI) should feel relieved that the private sector has stepped in to create additional foodgrain storage capacity, bridging the extant gap. However, it is difficult to fathom why much of the new warehousing capacity is sought to be put in place in grain-surplus states (production centres) — notably Punjab and Haryana, besides some others like Andhra Pradesh, Tamil Nadu and Maharashtra — rather than in...
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Agriculture machinery makers bullish on Indian market by Arun Iyer, Madhvi Sally & S Sujatha
A growing shortage of farm hands and smaller land holdings are forcing many farmers to mechanise their farms, allowing multinational agri implement companies to tap into Indian market. A 2006 study by consulting firm Zinnov said that the agri equipment market in India would grow at a compounded rate of 5% between 2006 and 2010 to touch $8 billion. Today, a large number of Chinese, Japanese, American and Italian firms has...
More »FCI to add 16 mn tonnes foodgrain storage capacity in 2 yrs
Food Corporation of India (FCI) today asserted that loss of foodgrain stored at its godowns is minimal and said the government would add 16 million tonnes of capacity within the next two years. "It's not true to say that storage loss is as high as 30 per cent...Storage loss is less than 0.4 per cent for rice and none for wheat," FCI CMD Siraj Hussain said at a conference. "Bulk wheat-producing states...
More »Bengal’s migrant underbelly: Delhi tragedy rips a veil by Devadeep Purohit, Imran Ahmed Siddiqui amd Rith Basu
At least 29 of the 66 migrants crushed to death in east Delhi when a building collapsed on Monday night hailed from Bengal. The figure signposts the exodus of an abandoned generation and the inability of a state to retain its young or equip them for a better life elsewhere. The death of so many Bengalis has brought out in the open troubling issues that policymakers — both in the state...
More »Wheat output may rise 1.5% on good rain by Komal Amit Gera
The worries of state procurement and storage agencies may accentuate, as the wheat crop this rabi season is likely to have a higher output this year. The Ministry of Agriculture has projected a crop size of 82 million tonnes as compared to 80.71 million tonnes last year. “Although a bonus of Rs 20 a quintal is a pittance, it will not dissuade farmers from growing wheat, as it is a stable crop...
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