Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...
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NE farmers fail to avail loan: Pawar
Union Minister for Agriculture Sharad Pawar today expressed unhappiness over non-availing of agricultural loan by the farmers of the North-Eastern States in the way it was expected, which he feels has hampered investment and finally the overall agricultural production of the region. "Though the Centre has doubled the agricultural credit amount recently and Centre has been able to disburse Rs 3, 50,000 crore this year, the North Eastern States have not...
More »Centre for auction of PAU-201 paddy by Komal Amit Gera
The Centre has asked Food Corporation of India (FCI) to procure PAU-201 paddy that conforms with its specifications and dispose of the rest in the open market through tenders. A decision on whether the PAU-201 paddy variety is fit for human consumption was raised at a high-level meeting between Agriculture Minister Sharad Pawar and Health Minister Ghulam Nabi Azad, recently. FCI officials in Punjab are giving final touches to the modalities to...
More »Keynes-Hayek dilemma by KP Prabhakaran Nair
With more than 400 million Indians going to bed hungry each day, food security has become a crucial issue. On June 4 last year, the president made an announcement: “My government proposes to enact a new law — the National Food Security Act — that will provide statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban...
More »Rotting Foodgrains in Asia: The Case Of India And The Philippines by Arpita Mathur
A common incidence of rotting food grains has been reported in India and the Philippines even as millions are starving. The problem has to be tackled with dexterity at both the domestic and regional levels to curb this alarming wastage of food that contributes to food insecurity at large. RECENT NEWS reports from the Philippines and India interestingly surfaced with one common problem -- rotting food grains in both countries, even...
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