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Dealing with grain glut

-The Business Standard   This year’s paddy procurement season has started with foodgrain stocks being more than double the buffer stock norms. An increase in grain stocks will put a strain on the already-scarce warehousing space, with consequences for safe storage and usability. Thus, excess holding of grains ought to be avoided. Maintaining a stockpile of nearly 55 million tonnes, with average economic cost of wheat and rice being Rs 18,000 per...

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A better morning

-The Indian Express   Roughly three decades after Tamil Nadu devised the mid-day meal scheme for schoolchildren, the Jayalalithaa government is working on extending it to breakfast as well. Like neighbouring Puducherry, the state will ensure that schoolchildren are provided a healthy start to the day. Some private and corporation schools have already experimented with the idea. Tamil Nadu’s welfare schemes have been remarkably efficient because of political determination, imaginative policy-making and implementation,...

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Warehouse norms may lessen food inflation by Anirudh Laskar & PR Sanjai

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

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Give food some thought by Surinder Sud

Reforms in the supply-chain system can help India tackle the demand-supply mismatch in essential food items Food inflation may have dropped to single digit but since that fall is set against last year’s elevated double-digit base, it continues to hurt the poor — 65 per cent of their disposable income goes towards food. The government often defends its failure to tame inflation by arguing that it has no magic wand to...

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CAG team demands police protection

-The Times of India   The Comptroller and Auditor General (CAG) has asked the Uttar Pradesh government to ensure security of its officials who would start probe into the alleged financial irregularities into the National Rural Health Mission. The CAG office has writen a letter to UP chief secretary and the principal secretary, health and family welfare, expressing concern over the security of its probe team, comprising 50 auditors in addition to...

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