-Hindustan Times The Union government has allowed charities and states to buy extra stocks of federally held foodgrains at a reserve but cheaper-than-market price as several migrant workers battle a food crisis. New Delhi: The Union government has allowed charities and states to buy extra stocks of federally held foodgrains at a reserve but cheaper-than-market price as several migrant workers battle a food crisis. The federally run Food Corporation of India has reserved...
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As mandis get shut, here are five ways the government can help farmers cope -Rajalakshmi Nirmal
-The Hindu Business Line Encouraging farmers to hedge through futures and increased use of WDRA warehouses are among key options With the nationwide lockdown to control the spread of Covid-19, mandis where farmers sell their harvest have also been closed. Across the country, the harvest of several crops including wheat, mustard, chana and coriander has started and farmers are sitting on truckloads of grains and pulses. In the kharif season, many farmers lost...
More »Cut in reserve price of rice, wheat will hit FCI -Rajalakshmi Nirmal
-The Hindu Business Line Govt move to clear grain stocks with FCI; Corpn holding 2.6 times the buffer norm In an article dated January 6, 2020 (MSP hike leaves FCI with mountain of grains), BusinessLine had indicated that FCI may have to sell a significant amount of its rice stock in the open market if it has to make room for fresh procurement of paddy and wheat. The time for this has...
More »After fertilisers, Centre wants food subsidy to directly benefit farmers -Harikishan Sharma & Anju Agnihotri Chaba
-The Indian Express In Odisha, procurement of paddy during the ongoing 2019-20 Kharif Marketing Season (KMS) is, for the first time, being done from registered farmers only after Aadhaar-based biometric authentication. FIRST IT was fertilisers, where the NDA government made disbursal of subsidy conditional upon actual sales to farmers getting registered on PoS (Point of Sale) machines in retail outlets. That reform measure — to ensure that the benefit of minimum support...
More »How social transfers help poor cope with risk -Surbhi Bhatia
-Livemint.com Using India’s Public Distribution System (PDS) as a case study, new research shows social transfers may reduce labour supply, but increase wages A common belief about social transfers is that they make their recipients lazy, decrease labour supply and do not reduce poverty. According to research that examines India’s largest social transfer programme, the public distribution system (PDS), social transfers indeed reduce labour supply but this increases wages and alleviates poverty. In...
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