-The Hindustan Times The government stocks a fifth of its grain out in the open, left to be washed by the monsoon. As the UPA’s most ambitious welfare programme — food security for poor Indians — is unrolled, more grain will be collected and allowed to rot unless warehouses are built to stock an additional 35 million tonnes beyond the 110 million tonnes of storage we already have, the Planning Commission...
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Release of foodgrain could inflate subsidy bill by Rs 20-25K crore-Rajeev Deshpande
With its granaries brimming over, the government faces a crippling dilemma: The tab for releasing foodgrain to make way for new arrivals adds up to Rs 20,000-25,000 crore, an unviable addition to the subsidy bill. The government's bind was succinctly outlined by finance minister Pranab Mukherjee when he told a meeting called by Prime Minister Manmohan Singh on Wednesday that vacating food silos will mean a hefty cost at a time...
More »A good monsoon is an occasion to invest in a major overhaul of farm policy
-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...
More »Thomas insists on giving grain as NREGS wage-Sandip Das
Notwithstanding apprehensions expressed by rural development minister Jairam Ramesh on the proposal of giving grain as part payment of wages under the National Rural Employment Guarantee Act, food minister KV Thomas on Sunday continued to support the idea. Thomas said, “There is enough surplus grain to be given to poor families.” In a recent letter to the Jairam Ramesh, Thomas had made the proposal, which he said would also help ease...
More »Jairam says ‘no' to foodgrains as part payment-K Balchand
“The best way to solve the problem of surplus foodgrains is to roll out food security law” Opposing the Union Finance and Food & Civil Supply Ministries' proposal for providing foodgrains as part payment of wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme, Union Rural Development Minister Jairam Ramesh holds that the best way to solve the problem of surplus foodgrains is to roll out the food security law...
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