In December 2011, CAG tabled a well-analysed audit report in Parliament claiming a loss of 1,200 crore, or $250 million, on the import of subsidised pulses through 2006-11 under the supervision of department of consumer affairs (DCA) of the food ministry. The government's intention to introduce such a scheme cannot be faulted: during 2005-08, seven million tonnes of wheat was imported at high prices, chana (chickpeas) values spiked from 21...

While Governor M K Narayanan has also put the weight of his office behind the growing concern over farmer suicides in West Bengal, the Mamata Banerjee government seems determined to play these down. In Burdwan, the state’s rice bowl, where 18 of the 27 deaths have been reported in the past four months, the district administration has been approaching families of victims for written statements saying the suicides had nothing to...

Hard To Ignore...     * Farmers of East Godavari and West Godavari districts in Andhra Pradesh have declared a crop holiday this kharif season     * No paddy will be sown across 1.5 lakh acres in the two districts     * Farmers are demanding better minimum support price and subsidies on inputs     * They say the rising cost of inputs causes farmers to lose Rs 10,000-15,000 per acre     * If the farmers stick...

India’s domestic wheat prices higher than international rates by around $100 per tonne; traders seek subsidy India’s food ministry will oppose a proposal to export wheat as it prefers to distribute the excess to the poor within the country, K.V. Thomas, Union minister of state (independent charge) for consumer affairs, food and public distribution, said on Thursday. “We want the wheat produced by our farmers to be distributed here first,” Thomas said,...

Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and Rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...