-The Hindu It lacks facility to store 20 million tonnes of grains, says Minister Crippled by the lack of storage facility for about 20 million tonnes of food grains, the Centre has asked States to lift PDS food grains necessary for at least the next six months. After participating in a seminar on ‘Food security – role of standards’, organised by the Bureau of Indian Standards here on Wednesday, Minister of State for...
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States Asked to Lift PDS Foodgrains Needed For 6 Months
-PTI Faced with acute shortage of storage capacity, the Centre today asked states to lift PDS foodgrains needed for at least six months and build intermediate godowns to ease pressure on Food Corporation of India godowns. "We have requested state governments to offtake at least six months of foodgrains needed for PDS. Our storage capacity of FCI is 64 million tonnes and our present stock is about 82-83 million tonnes," Minister of...
More »Carlos Sere, Chief Development Strategist at the International Fund for Agricultural Development (IFAD) interviewed by UN News Centre
-The United Nations World leaders, along with thousands of participants from governments, the private sector, non-governmental organizations (NGOs) and other groups will come together from 20-22 June in Rio de Janeiro, Brazil, to take part in the UN Sustainable Development Conference (Rio+20). In our Seven Issues, Seven Experts series UN officials tell us more about the key issues that will be discussed during the conference and how we can contribute to make...
More »Why FCI doesn’t buy grain futures-Ruchira Singh
Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...
More »Wheat glut: farms face falling prices, rising costs-Ruchira Singh
-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...
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