-The Economic Times Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, warns that India will have a record food grain stock of 75 million tonnes by June when wheat procurement for the year would be over. A third of it would be stored in the open, and vulnerable to damage from rain, as covered storage capacity is only 50 million tonnes. If these stocks are not run down...

-The Economic Times Grain stocks with state agencies are likely to cross 75 million tonnes some time in June 2012, while covered capacity to store is less than 50 million tonnes. The rest would be under CAP (with pucca or even kachcha plinths) exposed to potential large-scale damage. An early and rational policy decision is required to reduce the stocks by at least 7-10 million tonnes to avoid high costs of...

-The Hindustan Times The government on Monday admitted a mismatch between wheat procurement and storage and said efforts were on to ease pressure on go-downs by encouraging exports and providing foodgrain to MNREGA workers as part of wages. Finance minister Pranab Mukherjee’s brief statement on farmers’ light in the Lok Sabha during the zero hour came in response to vociferous protests by many political parties on the plight of farmers due...

-Express News Service Union Agriculture Minister Sharad Pawar on Saturday expressed reservations about the new Land Acquisition and Rehabilitation and Resettlement Bill, 2011, saying it would in particular pose hurdles in setting up industries and creating new dams. The Bill was cleared by the Union cabinet in September and has now been sent to the joint legislative committee. Quoting provisions of the Bill, such as the promise to pay five times the market...

With its granaries brimming over, the government faces a crippling dilemma: The tab for releasing foodgrain to make way for new arrivals adds up to Rs 20,000-25,000 crore, an unviable addition to the subsidy bill. The government's bind was succinctly outlined by finance minister Pranab Mukherjee when he told a meeting called by Prime Minister Manmohan Singh on Wednesday that vacating food silos will mean a hefty cost at a time...