-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...
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-Business Standard Sensible suggestions from Shanta Kumar panel on food security The Shanta Kumar committee on food sector reforms has made a slew of recommendations - many of which, even if controversial, make sense. Apart from suggesting downsizing of the unwieldy, inefficient and corruption-ridden Food Corporation of India (FCI) by outsourcing many of its tasks to the states and other public- and private-sector bodies, the panel has laid out certain amendments to...
More »Prospects for wheat exports turn bleak -Vishwanath Kulkarni
-The Hindu Business Line Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year. The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to...
More »Five Important Questions On Food Security -Lola Nayar
-Outlook A parsing of the recent expert report on food security reveals that most of its solutions do not meet the greater public good. The BJP's election manifesto had stated "that ‘universal food security' is integral to national security. BJP will take steps to ensure that the benefits of the scheme reach the common man and that the right to food does not remain an act on paper or a political...
More »Unbundling the Food Corporation of India
-Livemint.com It is high time that India's foodgrain management is decentralized In the euphoria surrounding the enactment of the National Food Security Act (NFSA) in 2013, its champions forgot to pay attention to a key ingredient for making it successful: the state of the food supply chain in India. As in much else, the existing setup was sufficient. From the procurement system run by the Food Corporation of India (FCI) to the...
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