-The Indian Express Earlier this month, Baghel met Union ministers, arguing that this leeway was given to the previous BJP government led by Raman Singh in 2016-17 and 2017-18. The Centre, however, has said that keeping the fiscal balance in mind, this is not possible. The Congress government in Chhattisgarh has said that it will acquire paddy at the Centre-mandated MSP of just over Rs 1,800 per quintal this season, instead...
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Granaries overflowing, Food dept's SOS to MEA: Send wheat, rice as aid to deserving countries -Harikishan Sharma
-The Indian Express Procurement of wheat and rice in the Central Pool has been increasing over the years, leading to accumulation of surplus stock of wheat and rice with FCI. As a result, stocks of food grain in the Central Pool continue to remain much in excess of stocking norms. With Food Corporation of India granaries overflowing, the government is looking to liquidate its grain stocks to prevent damage and minimise...
More »Prabhat Patnaik, an economist and former economics professor at the Jawaharlal Nehru University, interviewed by Kaushal Shroff (The Caravan)
-CaravanMagazine.in In the budget unveiled in July, the finance minister Nirmala Sitharaman ambitiously claimed that India’s economy would hit $5 trillion by 2025. In the weeks that followed, the Central Statistics Office revealed that the gross domestic product growth rate for the April–June quarter fell to a six-year low of five percent; the Reserve Bank of India cleared a surplus transfer of Rs 1.76 lakh crore to the union government; and...
More »Rice-wheat stocks at record high, govt clueless -Subodh Varma
-Newsclick.in Offtake from the Public Distribution System is stagnating although there are millions who need more food. Cereal stocks of wheat, rice and coarse grains maintained in the so-called Central Pool hit an all-time high of 742 lakh tonnes in July this year and in August were only slightly lower at 713 lakh tonnes, according to the department of food and public distribution’s monthly bulletin. Compared with 2015, grains stocks have zoomed...
More »Record paddy procurement may pay off for Congress in Chhattisgarh -Sidharth Yadav & Priscilla Jebaraj
-The Hindu Raipur: Selling his paddy crop was a pleasantly different experience this year for Yogesh Nareti, a farmer with 17 acres of land in Makadi village in Chhattisgarh’s Kanker district, which goes to the polls this week. “During the BJP reign, selling the produce at Large-sized Agricultural Multipurpose Cooperative Societies (LAMPS) was tedious. The entire process used to take two months,” he recalls. “Now, besides offering a lucrative MSP [minimum support...
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