-Deccan Chronicle Prime Minister Narendra Modi may be patting himself on the back because President Barack Obama has agreed to India's position on food stockholding norms in World Trade Organisation (WTO). However, New Delhi seems to be bending over backwards to accommodate the American government and giant multinational corporations (MNCs) in the pharmaceutical industry, which will work to the detriment of our country's interests. In less than six months, the Modi government...
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Cash transfers can save Rs 30,000 crore per year in food subsidies: Shanta Kumar -Dipak K Dash & Surojit Gupta
-The Times of India NEW DELHI: Conditional cash transfer instead of providing grains at subsidized rates to the poor under the Food Security Act can save at least Rs 30,000 crore annually, said Shanta Kumar, chairman of a panel set up to revamp the state-run Food Corporation of India (FCI). Kumar said linking cash transfer to conditions such as constructing toilets was one of the several options being considered to ensure every...
More »FCI finally gets leeway in grain storage -Sanjeeb Mukherjee
-Business Standard Total physical stock as on November 1 was 43 mt against the total covered storage capacity of 55 mt For the first time in many years, foodgrain stocks in the central pool are much less than the entire covered storage capacity available with the Food Corporation of India (FCI), thanks to some reduction in procurement and efficient management. This, as some officials said, effectively means the bulk of the rice procured...
More »Non-GM Soybean in Interest of Farmers, Environment: Experts
-Outlook Bhopal: India should continue with non-GMO (genetically modified) soybean in the larger interest of farmers and environment, experts said here today. "Non-GMO soya is the pride of India. Value added soy products including soybean meal are fetching premium price in the international market for being authentic non-GMO soy products. It is a win-win situation for all stakeholders in the value chain," Ruchi Soya Industries founder and MD Dinesh Shahra told reporters...
More »Food Corporation of India in need of restructuring as corruption mars operations -Prabhudatta Mishra and Pratik Parija
-Livemint India is closer to breaking up FCI as graft and waste leave 255 million people without enough to eat New Delhi: India is closer to breaking up Food Corporation of India (FCI), an agency at the heart of the world's largest public food distribution programme for the poor, as graft and waste leave 255 million people without enough to eat. "Private companies should buy, store and distribute the grains as much...
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