The government today revised upward its estimate for foodgrain production at 218.20 million tonnes (mt) in the 2009-10 crop year. The upward revision came even as the estimates for output of rice, wheat and pulses were revised downward for the year. Even as the foodgrain production in 2009-10 is expected to surpass its earlier estimate, it continues to be lower than the output of 234.47 mt achieved in 2008-09. The fourth...
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Need to boost production to achieve food security: FM
Finance Minister Pranab Mukherjee today said that the government will enact a legislation to provide subsidised wheat and rice to poor, but to make it a success there is a need to boost production and strengthen delivery system. "We are committed to ensure Food Security Act and to make successful, we need to produce more, procure more and strengthen delivery mechanism for making accessible and affordable," Mukherjee said while addressing...
More »Mandatory cheap foodgrains for poor may cause hike in oil prices by Gargi Parsai
It is the availability of adequate foodgrains to meet the mandatory requirements under the proposed National Food Security Bill that worries the government, not the enhanced subsidy such a move would entail. From what the government is planning it appears that the subsidies on petroleum products would go to meet the requirement of providing cheap foodgrains to the poor under the Public Distribution System (PDS) and to bring the Above...
More »Foodgrain output in India seems stagnant for 10 years by Jayashree Bhosale
An analysis of the remote sensing data collected by Nasa satellites on the changes in vegetation in India during the last 25 years has confirmed the bad news: The growth rate of foodgrain production in India has been stagnant in the last decade, which crop statisticians have been aware of for some time now. A nine-member team of scientists from Nasa, the Boston University and the Indian Institute of Tropical...
More »A late call yet again
The recent announcement of minimum support prices (MSP) for various Kharif crops has once again called into question certain aspects of the official policy towards agricultural pricing. True to pattern, it has come in late. The monsoon arrived at least a week before, and many farmers might have already chosen the crops to sow. The world over governments through their price support programmes, consisting of assured minimum prices and subsidies,...
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