The draft Food Security Bill makes it compulsory for state governments to pay a food security allowance to targeted sections in case of failure to supply foodgrain through a sweeping welfare scheme targeted at nearly three-fourths of the population. The amount will be decided by the central government. The draft bill also presses for a radical overhaul of the food distribution system by giving incentives to independent agencies that procure...

Massive grain procurement to meet the requirements under the proposed national food security law could drive out the private sector and have larger implications on the state of the domestic procurement market, a study on food and nutritional security has warned. Apart from impacting exports and cereal price in the open market, rising public procurement will only make it costly to buy, store, transport and distribute grain, the study said, adding...

Procurement of wheat for the public distribution system on Friday crossed the last year's level although it remained lower in Punjab and Uttar Pradesh, compared to the corresponding period last year, due to late arrival or delayed reporting. As per the latest data released by the Centre, the Food Corporation of India and State agencies had procured 20.92 million tonnes of wheat compared to 20.61 million tonnes procured last year in...

According to the third advance estimate, India’s foodgrain production in the current farm year (to end in June 2011) will be a record 235.88 million tonnes, including an all-time high wheat output of 84.27 million tonnes against 81.47 million tonnes projected earlier. Ahead of the wheat harvest, the country had buffer foodgrain stock of 47 million tonnes at the start of 2011 in the Central Pool. A buffer close to double...

Social activist Anna Hazare’s fight against corruption has brought the Jan Lokpal Bill back in focus 43 years after it was first introduced in Parliament The prospects of bumper wheat procurement from Punjab and Haryana may get affected with rain along with hailstorm threatening to hit wheat production in both the states. With over 90% of wheat crop yet to be harvested in both states, experts have asked farmers to wait for...