-The Hindu With India continuing to be plagued by malnutrition, it is foolhardy to use the changed food production situation in the domestic economy as a reason for dismantling the FCI Within months of assuming office, the BJP-led National Democratic Alliance government set up a High Level Committee (HLC) in August 2014 to restructure, reorient and reform the Food Corporation of India (FCI). The eight-member HLC was chaired by senior BJP leader,...
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-Business Standard Sensible suggestions from Shanta Kumar panel on food security The Shanta Kumar committee on food sector reforms has made a slew of recommendations - many of which, even if controversial, make sense. Apart from suggesting downsizing of the unwieldy, inefficient and corruption-ridden Food Corporation of India (FCI) by outsourcing many of its tasks to the states and other public- and private-sector bodies, the panel has laid out certain amendments to...
More »Data Drive: Clear the food rot
-The Financial Express Only 6% farmers have gained from selling wheat and paddy directly to any procurement agency and the diversion of grains from the public distribution system is close to 47%. Against this backdrop, the Shanta Kumar panel's report on reorienting the role and restructuring of Food Corporation of India (FCI) needs to be adopted by the government at the earliest and in totality. This will indeed make for huge...
More »Food prices fall after three months stable, index declines for third successive year –UN
-The United Nations After three months of stability, the United Nations Food and Agricultural Organization's (FAO) Food Price Index declined in December, meaning the index fell over the course of 2014 for the third consecutive year. The 1.7 per cent fall in December, which comes after the index had appeared to bottom out last month, was credited to continued large supplies and record stocks, combined with a strong US dollar and falling...
More »Rabi acreage around 5% less than last year as sowing nears end -Sanjeeb Mukherjee
-Business Standard Total area might remain 1-1.5 million hectares less than 2013, impacting production and prices As sowing of rabi crops enters its last leg, the overall area covered, as of Friday, was five per cent less than last year at 53.02 million hectares. This means the total this year might be 1-1.5 million hectares less than in 2013. This could have a negative impact on overall gross domestic product growth in...
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