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Most states can’t stock food grains for more than a month -Pradeep Thakur

-The Times of India NEW DELHI: With the UPA government serious about implementing the Food Security Bill, the Committee on Public Undertakings, headed by Congress's Jagdambika Pal, will take up for discussion on Monday a recent report of the Comptroller and Auditor General (CAG) on the assessment of food grain management across the country. The auditor's report paints a grim picture on the states' lack of capability to manage operational stock of...

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Government's wheat buying may touch 28-30 million tonne this season-Madhvi Sally

-The Economic Times NEW DELHI: Wheat procurement in the rabi marketing season 2013-14 is likely to touch 28-30 million tonne. When procurement began in April, the government had estimated to buy 44.06 million tonne wheat this year. "Wheat procurement this season will fall to 28-30 million tonne," said Union Food Minister KV Thomas. He added that since the government was strict with the OMSS price and didn't accept the industry...

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An Agricultural Nightmare -Deepak Gopinath

-Outlook India has long been the sleeping giant of global agriculture. But its misguided policies while boosting short-term output, yet may transform India into a food importer After decades on the sidelines of international agricultural trade, India was poised last year to become a major food supplier, overtaking traditional exporters of food grain and meat. This could prove to be flash in the pan. The sudden rise and fall of India...

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Government eases curbs on sugar sector- Ragini Verma

-Live Mint CCEA clears recommendations on sugar sector made by Rangarajan panel; subsidy burden to rise Pushing ahead with long-pending reforms of the sugar industry, the cabinet on Thursday approved the dismantling of rules requiring sugar mills to sell the sweetener at below-market prices through the public distribution system (PDS) and abolished curbs on open market sale. The cabinet committee on economic affairs cleared the recommendations made by a panel headed by C....

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Granaries full, but cereal prices up 20% -Surojit Gupta & Sidhartha

-The Times of India The Centre is blaming state governments for a near 20% rise in cereal prices despite overflowing granaries that have record stocks, and suspects that hoarding and high state levies are causing the spike. The latest wholesale price inflation data showed that the price increase in this segment was estimated at over 19%. According to the consumer price index, inflation is of the order of 17%. Last month, Food...

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