-The Financial Express Only 6% farmers have gained from selling wheat and paddy directly to any procurement agency and the diversion of grains from the public distribution system is close to 47%. Against this backdrop, the Shanta Kumar panel's report on reorienting the role and restructuring of Food Corporation of India (FCI) needs to be adopted by the government at the earliest and in totality. This will indeed make for huge...
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Focus on east for grain
-The Telegraph New Delhi: The Food Corporation of India (FCI) should focus on procuring grains from eastern states such as Bengal, Bihar and Assam where the second green revolution is expected, a government panel said today. "The FCI should move on to help those states where farmers suffer from distress sales at prices much below MSP (minimum support price), and which are dominated by small holdings, such as eastern Uttar Pradesh, Bihar,...
More »Nutrient facts -Harish Damodaran
-The Indian Express Having decontrolled petrol and diesel, the government's next focus is on containing fertiliser subsidies. Key to this is decontrol of urea and ushering in a system of crediting subsidy payments directly into the bank accounts of farmers. HARISH DAMODARAN explains the existing subsidy regime and the road ahead. * What's so special about urea decontrol? Urea is the only fertiliser whose maximum retail price (MRP) is still fixed...
More »Reduce food security benefits from 67% to 40% population, says panel on restructuring FCI -Jitendra
-Down to Earth Shanta Kumar committee report recommends privatisation, outsourcing and cash benefit transfer to cut food procurement and distribution costs The high level committee set up to look into the restructuring of Food Corporation of India has recommended reducing the number of beneficiaries under the Food Security Act-from the current 67 per cent to 40 per cent. It has also recommended allowing private players to procure and store food grains, stopping...
More »Panel calls for cutting food security coverage, backs cash transfer -Surojit Gupta & Dipak Kumar Dash
-The Times of India NEW DELHI: The government should reduce coverage under the National Food Security Act (NFSA) to 40% of the population from 67% and defer implementation of the scheme in states which have not complied with the rollout conditions, a panel appointed by Prime Minister Narendra Modi has recommended. The panel headed by former food minister Shanta Kumar submitted the report to the PM on Wednesday. Reforming the subsidy regime...
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