-The Economic Times India's grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale exports. Shipments from the world's second-biggest producer of wheat, sugar and rice could come as a relief for governments across Asia who are trying to combat food-led inflation,...
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Check Govt Grain Buys, Use Cash Transfers or Food Coupons: Study by Prabha Jagannathan
Massive grain procurement to meet the requirements under the proposed national food security law could drive out the private sector and have larger implications on the state of the domestic procurement market, a study on food and nutritional security has warned. Apart from impacting exports and cereal price in the open market, rising public procurement will only make it costly to buy, store, transport and distribute grain, the study said, adding...
More »Food rights bill holds key to India farm exports plan
India's grain bins are overflowing and the forecast for a normal monsoon promises another bumper crop, but political disagreement over a bill to secure food rights for the poor means the country is expected to steer clear of large-scale exports. Shipments from the world's second-biggest producer of wheat, sugar and rice could come as a relief for governments across Asia who are trying to combat food-led inflation, but India needs to...
More »EGoM to decide on grain export, food bill on Monday by Sanjeeb Mukherjee
The empowered group of ministers (EGoM) expected to meet on Monday is expected to take a view on an agriculture ministry proposal to export wheat and rice. The proposal is not backed by the food ministry, which wants to take into consideration the interest of consumers, and its own compulsions under the proposed food security bill, before moving on exports under an open general licence. Officials said the food ministry is...
More »NAC member flays food bill ‘corruption’
A member of the Sonia Gandhi-headed National Advisory Council today said the delay in enacting the food security law amounted to “corruption”. “The food security bill is delayed. This is corruption,” Aruna Roy said at a seminar here, strongly pitching for legal guarantees on food security to every citizen in the country. The draft bill finalised by the NAC seeks to provide subsidised grain to up to 75 per cent of the...
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