State governments on Monday submitted their recommendations to the Centre on how to improve the public distribution system (PDS), including steps to ensure timely distribution and reduce leakages. The states presented their views at a two-day conference of Food Secretaries of all the states and Union Territories, which began on Monday. The meeting assumes mportance as the Centre is enacting a National Food Security Act to provide cheap foodgrains to...
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14,000 tonnes of foodgrain rot in FCI Godowns: RTI
Improper storage and negligence continues to damage foodgrain stock of the Food Corporation of India (FCI). In fact, it had about 14,000 tonnes of totally damaged rice, wheat and paddy, which could not be issued for distribution at the start of the year. According to information obtained by RTI activist Dev Ashish Bhattacharya, the nodal government procurement agency had as many as 13,824 tonnes of “non-issuable” foodgrain stock as on January...
More »Wheat stocks, storage crunch give FCI sleepless nights by Komal Amit Gera
At a time the country is facing high food inflation, its bread basket is sitting on colossal wheat stocks. The stocks, to the tune of 12 million tonnes, lying in Godowns and open spaces in Punjab are giving sleepless nights to the Food Corporation of India (FCI). About 800,000 tonnes wheat moves out of Punjab in a month. Based on these figures, the state can clear about five million tonnes wheat...
More »Govt to release more wheat in open mkt to check prices
The government today decided to release five million tonnes of wheat in the open market and retain zero duty on sugar and wheat imports in the wake of soaring food prices. The empowered group of ministers (EGOM), headed by Finance Minister Pranab Mukherjee, decided to offload wheat under the Open Market Sale Scheme (OMSS) at prices lower than the market price. Wheat will be sold from the government Godowns between July...
More »Plan panel for hoarding grain to curb subsidy? by Nitin Sethi
Is the Planning Commission too singularly focused on reducing food subsidy and intending to dissuade people from buying subsidized food rations even as the government spends thousands of crores to store excess grains in its stocks? Is it being penny wise but pound foolish? An internal note of the Plan panel suggests so. A note prepared by the panel reveals some startling information. On April 1, 2010 -- normally the...
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