Even as the issue of price rise takes centrestage in Parliament, the government’s attempt to offload wheat in the open market has found few takers among small traders. The reason: the price of wheat fixed by the Food Corporation of India (FCI) for small traders is higher than the prevailing wholesale prices at major centres across the country. In June, the Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab...
More »SEARCH RESULT
Total Matching Records found : 529
Blueprint for farm growth by Mohan Dharia
Acting with determination and firm action, it should be possible for India to step up its agricultural growth rate to 10 per cent. The 11th Five Year Plan seeks to achieve 4 per cent growth rate in agriculture by the end of the Plan period. The Planning Commission is working towards an overall 9 per cent to 10 per cent growth rate. But the target of 4 per cent growth rate is...
More »Conflicting signals on inclusion of non-poor in PDS by Gargi Parsai
The Supreme Court's observation that the above the poverty line (APL) population should be kept out of the purview of the Public Distribution System (PDS) is in direct conflict with the National Advisory Council's (NAC) recent decision for universalisation of the system beginning with 150 yet-to-be-identified districts. At present APL beneficiaries are getting up to 12 kg of foodgrains per family. The quantum was revised to 15 kg just this...
More »In Punjab, wheat worth Rs 800 cr goes waste annually by Prabhjot Singh
Antiquated food storage methods and technologies have been costing India dearly. The chairman of the Food Corporation of India (FCI), Siraj Hussain, admits that food worth Rs 50,000 crore is wasted every year. This comes roughly to 20 per cent of the total food produced by the country. Though this figure includes food that is lost in processing, packaging, transportation and even marketing, yet a substantial portion of it is lost...
More »Senior FCI officials suspended by Gargi Parsai
Pawar asks FCI to take corrective measures Lack of godowns major problem With the proposed National Food Security Bill on the anvil, the Food Ministry has cracked the whip to eliminate damage to foodgrains stocks stored in the open, under monsoon conditions. Based on the findings of the Ministry's inspection team, the Food Corporation of India (FCI) on Wednesday suspended senior officials and sought explanation from top executives for improper handling of and...
More »
