-PTI Pitching for direct cash transfer of food subsidy, Planning Commission deputy chairman Montek Singh Ahluwalia on Tuesday assured this would not result in dismantling of current system of procuring grains at minimum support price (MSP) and distribution through PDS. "...about the cash transfer (of subsidy), the accusation is that you want to dismantle the PDS. This is completely wrong because there is no question of dismantling the minimum support prices," Ahluwalia...

-The Economic Times The fear of drought in India has abated with late precipitation of the monsoon in September this year. However, the country continues to suffer from a drought of formalised tabulated data of agro items on a real-time or monthly basis, though many estimates continue to fatigue the print and electronic media.  Red or green prices flashing on computer screens are taken for 'granted', but the discovery of future or...

-The Economic Times With reports of groundwater level going down in Punjab and Haryana, considered the rice bowl of India, scientists and analysts suggest its cultivation be shifted to eastern states which have better water resources. They say Punjab and Haryana should focus on basmati rice, which is largely exported, and the eastern states should produce non-basmati varieties for meeting the domestic demand. Talking to ET, Dr Swapan Kumar Dutta, deputy director general...

-The Times of India CHANDIGARH/AMBALA/YAMUNANAGAR/KURUKSHETRA: Even as Punjab and Haryana governments are getting ready for procurement of paddy from October 1, the previously stocked wheat has not been cleared from mandis across the two states. The storage houses and government godowns are packed with previous year's produce, leaving no space for the fresh produce in the country's food bowl. Various food agencies have stocked 1.45 crore tonne wheat and paddy in...

-The Economic Times While India frets about coal block allocations, massive policy failures have hit people where it hurts most: the stomach. While granaries are overflowing and sugar piling up, one would have expected the prices of sugar and flour to fall, or remain stable. Instead, since mid-July, wheat prices are up 20% across the country and flour prices have also shot up. For sugar, whose prices are up 12% from mid-July,...