-The Economic Times The huge delay in bringing the Food Security Bill to Parliament and the massive opposition to it have seen most states going ahead with key provisions of the proposed Bill, Planning Commission member Abhijit Sen tells ET. Sen has doubts whether the bill would be passed in the Monsoon Session of Parliament. Edited excerpts: * Do you think Food Security Bill would be passed in the Monsoon Session? I am not...

-The Business Standard How to fix the agricultural pricing mess The government's move to get the mandate of the Commission for Agricultural Costs and Prices (CACP) reviewed afresh by an expert panel needs to be viewed in a broader perspective - one that weighs political populism against economic logic. It has been argued that minimum support prices (MSPs) have been raised often - and supposedly partly for political reasons - during the...

-Firstpost.com On 7 May, the Comptroller and Auditor General (CAG) of India presented to Parliament a Performance Audit of Storage Management and Movement of Foodgrains in Food Corporation of India. This report has gone largely unreported in the media, given that it does not contain any big number running into lakhs of crores like previous reports of the CAG did. But it clearly explains why the government of India is in no...

-Live Mint Exporting one's way out of the surplus is a losing proposition as global prices have fallen rapidly in the past few weeks India held 77.5 million tonnes (mt) of food stocks in its central pool on 1 May. These stocks had reached a record high of 82.4 mt on 1 June 2012, and that level could be crossed if wheat procurement this May is similar to the procurement a...

-The Hindu Business Line A new CAG report offers valuable insights into the likely implications of implementing the proposed food security law. The National Food Security Bill (NFSB) couldn't be passed in the Parliament session that ended last week, despite a spirited promotional pitch by its proponents - including Nobel Laureate Amartya Sen. Last week also saw the Comptroller and Auditor General of India (CAG) table its report on "Performance Audit of...