It is estimated that food grain worth Rs 60,000 crore have been left to rot. Who is responsible? This figure is highly exaggerated. According to a study by the agriculture ministry, only 0.004 percent of stored food grain are rotten. There were 11,708 tonnes of damaged and non-issuable food grain in Food Corporation of India (FCI) depots. However, the whole lot hasn’t become spoilt. This quantity has become non-issuable to...

Systemic Failure * Despite record procurement, poor storage has led to a criminal waste of grain * 61,000 tonnes of grain rotted as it was left in the open during the monsoon * The FCI had shut down storage facilities after low procurement in 2006-07 * The plan for decentralised storage facilities is 40 years old. It’s still hanging fire. * EGoM did not clear the surplus grains for the PDS since it would have...

With global warming now becoming a permanent fixture in the Indian agriculture landscape, state governments and insurance firms are rushing to provide crop insurance for farmers. Take the case of Rajasthan, which is now looking at extending agri-insurance cover across its 33 districts this year compared to 26 last year. Ditto with Himachal Pradesh and Haryana which would run the Rashtriya Krishi Bima Yojana from this kharif onwards. The cover...

At a time the country is facing high food inflation, its bread basket is sitting on colossal wheat stocks. The stocks, to the tune of 12 million tonnes, lying in godowns and open spaces in Punjab are giving sleepless nights to the Food Corporation of India (FCI). About 800,000 tonnes wheat moves out of Punjab in a month. Based on these figures, the state can clear about five million tonnes wheat...

For a man who’s been in the pharmaceutical business all his working life, advocating clean drinking water across the country might seem like a bad business idea. In fact, its health fallout could put me out of business. But there are times when one has to think beyond the balance sheets. Water is one issue that excites passion, yet we give very little thought to it. Those who have seen...