-ThePrint.in 2022 is emerging to be unique for Indian agriculture. Both the staple crops of rice and wheat appear to be suffering production losses. The World Bank’s food security update of August 2022 flagged how global concerns over the likelihood of a rice export ban by India are rising. It noted that “exporters, concerned that export restrictions will be introduced (as has been done for wheat), are moving quickly to open letters...
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Govt expects higher rice procurement of 518 LT in Kharif season despite output worries
-PTI/ Moneycontrol.com The estimates were finalised after discussion with state food secretaries and Food Corporation of India (FCI) officials in a meeting chaired by Union Food Secretary Sudhanshu Pandey here. The government fixed the rice procurement estimate for the central pool at 518 lakh tonnes (LT) for the current Kharif season, up by 1.60 per cent from the last year despite production concerns. The estimates were finalised after discussion with state food secretaries...
More »Food output may drop this year amid price rise concerns -Zia Haq
-Hindustan Times Planting of key kharif or summer-sown crops, which account for half of the country’s annual food output, was 1.5% lower on August 26 compared to last year, according to farm ministry data India’s food output is likely to fall after six straight record harvests, as extreme weather dented sowing of crops, such as rice and pulses, raising concerns about inflation and tight supplies, data from the farm ministry indicates. Planting of...
More »The global threat to our food security -Himanshu
-Livemint.com We must raise procurement to prepare for a possible rise in inflation as global food supplies shrink Recent data on inflation suggests a softening of the trend of rising inflation in retail prices. Much of the inflation this year has been driven by rising food prices, particularly edible oil and more recently cereals, primarily wheat. This has followed the global trend in food prices, which softened last month, even though they...
More »Lower paddy acreage: How will it affect India and the world? -Akash Podishetty
-Business Standard A victim of supply chain disruption is food. Even as the world looks towards India to fill the void created by the Russia-Ukraine war, a drop in paddy acreage is threatening to make the matter worse Following Russia's invasion of Ukraine and amid challenges for global food supply, PM Narendra Modi declared that India was capable of "feeding the world". However, instead of feeding the world, the govt soon restricted...
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