Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...
More »SEARCH RESULT
Centre for auction of PAU-201 paddy by Komal Amit Gera
The Centre has asked Food Corporation of India (FCI) to procure PAU-201 paddy that conforms with its specifications and dispose of the rest in the open market through tenders. A decision on whether the PAU-201 paddy variety is fit for human consumption was raised at a high-level meeting between Agriculture Minister Sharad Pawar and Health Minister Ghulam Nabi Azad, recently. FCI officials in Punjab are giving final touches to the modalities to...
More »FCI ties up with banks for direct payment to farmers
Food Corporation of India (FCI) has tied up with a few banks for direct payment to farmers for the grains to be procured in the kharif marketing season 2010-11. "We are firm on our stand and we will try to put direct payment system to farmers into operation from the coming Paddy procurement season," a senior official of FCI told media here. FCI has made arrangements with the State Bank...
More »Central sops to stop paddy diversion in Kerala by M Sarita Varma
As rubber prices soared to Rs 180 per kg, even land, which is not traditionally best suited for rubber is getting converted in Kerala, thus shrinking the area under paddy cultivation. To stop diversion of paddy area towards rubber farms, the Kerala government has decided to implement a Rs 2,111-crore central package for paddy development in Kuttanad district, major producer of rice in the state. “Procurement price of paddy is now as...
More »Foodgrains order will hit farmers, impact food security: Govt to SC by Krishnadas Rajagopal
The Union Food Ministry today told the Supreme Court that its suggestion on limiting food procurement to available storage facilities, if put to action, would hit the poor farmer and “drastically impact food security of the nation”. In a 19-page affidavit, C Vishwanath, joint secretary in the Ministry, said: “If Food Corporation of India (FCI) and state government agencies that do the work of procurement were to limit procurement only to...
More »