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...
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The economics of food management by Harish Damodaran
Kaushik Basu proposes a new framework for release of foodgrains from government warehouses. Last year, official food inflation peaked at 21.05 per cent for the week ended November 28. Since then, it has eased — though the year-on-year rise of 10.86 per cent for August 21 is still in double-digit territory. Moreover, in absolute terms, the ‘food articles' index for the latest recorded week, at 303.3, is higher than the 296.1 level...
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 »Rotting grain 6 times more than Govt claimed by Samar Halarnkar and Bhadra Sinha
After insisting in Parliament and elsewhere that the amount of rotting food grain revealed by the Hindustan Times was “exaggerated”, Food and Civil Supplies Minister Sharad Pawar’s own ministry has proven him wrong. Nearly 40 days ago, this paper first reported how 50,000 tonnes of grain had decayed in Punjab alone and 17.8 million tonnes, or as much as France consumes in a month, was at risk from rotting. Pawar and his...
More »Food Corporation of India sees Food Rights Day visitors by Akshay Deshmane
The office of Food Corporation of India’s (FCI) manager in Reay Road had some unlikely visitors on Monday morning. Slum dwellers and campaigners affiliated to the Right to Food Campaign staged protests at the office against the state government’s apathy in distributing food to the poor. They also observed the Food Rights Day for the city’s poor, declared by the Movement for Peace and Justice (MPJ), Mumbai division, and Rationing Kruti...
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