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India’s wheat ban defies economic logic

-Livemint.com The political economy favours the government taking tough measures to protect the consumers — more numerous and more vocal than producers — even if these measures go against the grain of economic sense. India’s decision to restrict wheat export is disappointing but not a big surprise. Banning exports has been the government’s standard response to any shortage of agricultural commodities, denying farmers the benefit of global prices when these are high....

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Can Modi Govt Handle Approaching Wheat Crisis? -Subodh Varma

-Newsclick.in Production has dipped for the first time in the Modi era and procurement has plummeted, bringing wheat stocks down and affecting foodgrain-based schemes. The Narendra Modi-led Central government is going to be confronted with a crisis that it has never faced yet – shortage of wheat, one of India’s key staples. The worry about this looming cloud is aggravated by the fact that the Modi government has not been particularly successful...

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Centre cuts wheat allocation for 12 States under PMGKAY -Prabhudatta Mishra

-The Hindu Business Line Says shift to rice will help mitigate scarcity-like situation amid dip in wheat procurement The Centre has revised allocation of rice and wheat for 12 States under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) by asking Uttar Pradesh, Bihar, Tamil Nadu and Kerala to shift to rice for their entire grain requirement. For others, the reduction in the quantity of wheat will be compensated with the same amount...

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Food processing companies brace for Wheat shortage -Devika Singh

-Moneycontrol.com The country is expected to face a shortfall of the cereal in the months ahead as produce in the rabi season is expected to be below estimates, while globally, too, there is a supply crunch on account of Russia-Ukraine war. Food processing companies such as iD Fresh Food, Mrs Bector's Food Specialities and CG Corp Global are getting ready to combat a possible shortage of wheat due to the combined effects...

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Waging war for sustenance -Aunindyo Chakravarty

-The Tribune Disruption in supplies due to Ukraine crisis may create food shortage, price distortions The war in Ukraine has become a war on the world’s poor. Russia and Ukraine, together, accounted for a quarter of the world’s wheat exports, one-sixth of global corn exports, nearly a third of barley and three-fourths of the export of sunflower oil. American sanctions on Russia mean it cannot sell its extra wheat in the global...

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