-Reuters NEW DELHI: India's reservoirs are depleting fast and monsoon rains need to pick up now if they are to have enough water to prevent a drop in output of major winter crops such as wheat and rapeseed that are sown from October, a senior government official said. Rains were 15 per cent below average in the week to July 16, an improvement from the previous week's shortfall of 41 per cent...

-The Financial Express While the Centre has asked states to roll out the National Food Security Act, 2013, by October, when the coverage of Targeted Public Distribution System (TPDS) will increase to an estimated 84 crore people from 55 crore now, the capacity of states to handle more foodgrain is doubtful given their poor offtake record in the last few years. Official data since 2012-13 indicate that state governments have failed to...

-The Times of India CHENNAI: They attracted the attention of officials from across the world and now the corporation's vigilance department is turning a hawk eye on Amma canteens. A year after the subsidized canteens were launched, the vigilance department has found discrepancies in their functioning and the complaints range from poor accounting and stock-keeping to vegetables being sold in the open market. The corporation's vigilance officers conducted surprise checks last week...

-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...

-The Times of India   The NDA government committed to continue UPA's flagship Food Security Act to ensure that the poor get wheat and rice at subsidized rates. The budgetary allocation has been increased to Rs 1.15 lakh crore in comparison to Rs 92,000 crore during the last financial year. Finance minister Arun Jaitley said, "Even if due to inadequate rainfall there is a marginal decline in agriculture production, stocks in the...