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A fiscal crisis: Why FCI needs provisioning in food subsidy budget -Sandip Das

-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to finance its operations. FCI is the central agency that manages procurement, storage...

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Farm bill 2020: actual text vs perception -Harish Damodaran

-The Indian Express Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill: The government has sought to project the farm Bill as “creating an ecosystem” where farmers will enjoy the “freedom of choice” to sell to anyone, anywhere in the country. On many occasions, it isn’t the law but what it appears to convey and the context in which it is framed that holds relevance. This certainly is the case with the...

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Food Consumption Trends Point at Real Income Decline Before Pandemic -Prabhat Patnaik

-Newsclick.in Why has there been a tendency toward persistent ‘excess supply’ in the foodgrain market when growth rate of foodgrain output has barely exceeded the population growth rate? The pandemic and the lockdown are certainly causing an absolute shrinkage in the gross domestic product (GDP) of the Indian economy. But these tend to obscure something very serious that was happening even earlier, namely, a real income decline for vast numbers of working...

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India let 65 lakh tonnes of grain go to waste in four months, even as the poor went hungry -Vikas Rawal, Manish Kumar, Ankur Verma and Jesim Pais

-Scroll.in ‘In a period when people have been dying of hunger, the government has increased the amount of grain it is hoarding in its godowns.’ Instead of using its grain stocks to feed the poor and hungry during the coronavirus-lockdown crisis, the Indian government is letting this food rot in its godowns. The government does not have proper storage facilities for stocking such a large amount of excess grain. Since much of...

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It's time to move away from paddy-wheat cropping cycle to end air pollution

  Air quality in North India in general and Delhi National Capital Region (Delhi NCR) in particular plunged to its lowest point in recent years during October-November thanks to a variety of factors. Through media reports one comes to know that stubble burning (also called paddy straw burning/ crop residue burning) is chiefly responsible for the public health crisis in India's capital and its nearby regions. Data accessed from the website...

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