-The Financial Express Only 6% farmers have gained from selling wheat and paddy directly to any procurement agency and the diversion of grains from the public distribution system is close to 47%. Against this backdrop, the Shanta Kumar panel's report on reorienting the role and restructuring of Food Corporation of India (FCI) needs to be adopted by the government at the earliest and in totality. This will indeed make for huge...
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Revamping Food Corp: Panel wants Food Security Act changed but will BJP bite the bullet? -Seetha
-FirstPost.com In 2001, the Hyderabad-based Administrative Staff College of India (ASCI) was asked by the National Democratic Alliance (NDA) government to study the costs of acquisition and distribution of food grains by the Food Corporation of India (FCI). After making a slew of suggestions, the report's author Gautam Pingle said the report was not making recommendations on "the more serious issue - of food grain policy" because it was beyond its scope....
More »Panel calls for cutting food security coverage, backs cash transfer -Surojit Gupta & Dipak Kumar Dash
-The Times of India NEW DELHI: The government should reduce coverage under the National Food Security Act (NFSA) to 40% of the population from 67% and defer implementation of the scheme in states which have not complied with the rollout conditions, a panel appointed by Prime Minister Narendra Modi has recommended. The panel headed by former food minister Shanta Kumar submitted the report to the PM on Wednesday. Reforming the subsidy regime...
More »Food prices fall after three months stable, index declines for third successive year –UN
-The United Nations After three months of stability, the United Nations Food and Agricultural Organization's (FAO) Food Price Index declined in December, meaning the index fell over the course of 2014 for the third consecutive year. The 1.7 per cent fall in December, which comes after the index had appeared to bottom out last month, was credited to continued large supplies and record stocks, combined with a strong US dollar and falling...
More »Food Subsidy Concept, Rationale, Implementation Design and Policy Reforms -Bhupat M Desai, Errol D'Souza, and N V Namboodiri
-Economic and Political Weekly This paper counters negative advocacy about the food subsidy, the public distribution system, and farm price supports. It argues that the public food supply chain for market intervention has a favourable impact on the cost-benefit ratio, poverty reduction, calorie consumption by the poor and productivity-led agricultural growth. The paper proposes reforms for the six pillars of the public food supply chain. These include: an alternative poverty line...
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