Bengal is staring at the possibility of losing self-sufficiency in rice unless the state manages to reverse a declining trend and step up production by as much as 12 per cent over the next four years. Lack of self-sufficiency in grain production need not necessarily be an alarming factor for a modern economy. But such a status is looming over Bengal in spite of factories not mushrooming on farmland — the...

-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...

-The Business Standard MSP hikes will stoke food inflation The government’s new kharif pricing policy, suggesting a steep 16 to 53 per cent increase in the minimum support prices (MSPs) of various crops, is unlikely to fully satisfy farmers even as it will stoke food inflation and swell the food subsidy bill. Approval of the new prices by the Cabinet Committee on Economic Affairs (CCEA) came on the day that inflation numbers...

What stops the government from using good harvests to reduce, if not eliminate, hunger? For ordinary folk, a 3 per cent increase in food grain production over that of last year, combined with strong procurement operations and good buffer stocks of rice and wheat would be a cause for some celebration. It would be seen as an opportunity to tackle the widespread food insecurity that exists in India today. Instead, we...

Even as the government races against time to procure enough jute bags to store grains in the face of record procurement , gunnysack traders are saddled with massive unsold stocks. A look at the godowns of some traders in the national capital alone shows there is no shortage of jute bags in the country. While the central government has placed an order for four lakh jute bags to be imported from...