-The Economic Times State levies on grain purchase by the Food Corporation of India (FCI) will reportedly push up the Centre's food subsidy bill by Rs 10,000 crore this fiscal year. This is absurd and untenable. High taxes and commissions - 14.5% in Punjab and 10.5% in Haryana - on the minimum support price (MSP) of grain jack up the costs of procurement, drive private trade out of these markets, and set...
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No One Killed Agriculture
-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...
More »Government clears 2 million tonne of wheat exports to ease storage crunch
-NDTV The government has approved export of two million tonnes of wheat from central pool stock in order to clear storage space for new crops. The decision was taken by the Cabinet Committee on Economic Affairs (CCEA) in Delhi today. "CCEA has approved export of two million tonnes of wheat from government stock with floor price of $ 228 (about Rs. 12,400) per tonne," Food Minister KV Thomas told PTI after the meeting. The...
More »Foodgrains risk rot-Richard Mahapatra
No place to store seven million tonnes of procured foodgrains As the monsoons advance, the food ministry is desperately looking for shelters. On June 21, KV Thomas, the Union food minister, admitted what many feared the past two months. Nearly seven million tonnes of foodgrains procured by the government in the current season may perish due to non-availability of storage space. This is 50 per cent more than Uttar Pradesh's total...
More »Devinder Sharma, food and trade policy analyst interviewed by GOI Monitor
IRONY RUNS its play every year in India as food grains rot in godowns while 23 crore people go hungry every day. GOI Monitor talks to food and trade policy analyst Devinder Sharma on the issues stalking agriculture and public distribution One of the reasons for surplus food not reaching the needy is that states are not picking up the grain. Why is this happening? Food grain procurement and distribution is...
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