Food Corporation-of-india

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Food Corporation-of-india - Total results - 34
Union Budget 2021: Slashed funds for NREGA, Poshan Abhiyan 2.0, elderly pensions reflect poorly on Centre
India

Union Budget 2021: Slashed funds for NREGA, Poshan Abhiyan 2.0, elderly pensions reflect poorly on Centre

The biggest hoodwink is the starved Poshan Abhiyan 2.0, which though merges the Supplementary Nutrition Programme and the Poshan Abhiyan, has been allocated an amount less than what was prescribed for Anganwadi services in 2020

Farms Acts necessary for Green Revolution 2.0; transparency, income support, incentives and communication are key
Lifestyle

Farms Acts necessary for Green Revolution 2.0; transparency, income support, incentives and communication are key

India's Farm Acts are a much needed step to get us to Green Revolution 2.0, which in turn will ensure food security at an environmentally appropriate cost. But the laws need transparency, appropriate incentives, and good communication to happen right.

New farm laws essential for long-term sustainability of agriculture, promoting private participation in farming
India

New farm laws essential for long-term sustainability of agriculture, promoting private participation in farming

The Centre needs to convince the farmers of the short and long-term benefits of these new laws, and ensure that reforms in the agriculture sector are here to stay

Protesting farmers fear dismantling of MSP system, creation of large monopolies: Agri expert Ajay Vir Jakhar
India

Protesting farmers fear dismantling of MSP system, creation of large monopolies: Agri expert Ajay Vir Jakhar

Jakhar said that the bills will result in a trickle-down model, which will only benefit large companies, not farmers or small traders

Govt plans to incentivise contract farming: Centre should encourage large firms to be part of plan; decision will bring transparency of purchases and sales
Business

Govt plans to incentivise contract farming: Centre should encourage large firms to be part of plan; decision will bring transparency of purchases and sales

At one level, contract farming is like any other contract to purchase goods of a quality and quantity within a specified time period

Narendra Modi govt is mixing up its fiscal arithmetic; consequences may not be pleasant five years from now
Business

Narendra Modi govt is mixing up its fiscal arithmetic; consequences may not be pleasant five years from now

The purpose of government spending is about providing finance for those areas that only the government can provide, and not leave them at the mercy of the market.

Farm distress: Govt addressing issues through piecemeal measures; need to integrate all schemes to make sector more resilient
Business

Farm distress: Govt addressing issues through piecemeal measures; need to integrate all schemes to make sector more resilient

It is clear that we are not really looking for a permanent solution and addressing the problem through piecemeal measures that have a good announcement impact.

Minimum support price: Unkept promises on cost mitigation, bad formula to determine MSP compound farm woes
India

Minimum support price: Unkept promises on cost mitigation, bad formula to determine MSP compound farm woes

The cost of purchasing inputs like seeds, pesticides, fertilisers and machinery among others falls under the ‘A2’ cost category, while the cost of family labour is reflected in the ‘FL’ component.

Minimum support price: Poll gimmicks cannot alleviate farm distress, government steps woefully inadequate
India

Minimum support price: Poll gimmicks cannot alleviate farm distress, government steps woefully inadequate

Over the past decade, the MSP seems to have become the prime political tool of the party in power to woo the farm vote.

Parliamentary panel asks government to contain rising food subsidy bill
Business

Parliamentary panel asks government to contain rising food subsidy bill

The food subsidy is estimated to be Rs 1,38,123 crore in the 2018-19 fiscal as against the actual expenditure of Rs 1,04,901 crore in 2017-18.

Narendra Modi govt approves hike in MSP for Kharif crops; support price for paddy up by Rs 200 a quintal
Business

Narendra Modi govt approves hike in MSP for Kharif crops; support price for paddy up by Rs 200 a quintal

The government has hiked the MSP of paddy (common variety) by Rs 200 per quintal

Tuticorin protests: Tamil Nadu CB-CID officials conduct assessment of areas where agitators 'resorted to violence'
India

Tuticorin protests: Tamil Nadu CB-CID officials conduct assessment of areas where agitators 'resorted to violence'

The Tamil Nadu government had ordered a CB-CID probe into the violence during the anti-Sterlite protest in Tuticorin and police firing that left 13 dead.

Budget 2018: Govt spending hasn't helped farmers; infrastructural loopholes hinder progress
Business

Budget 2018: Govt spending hasn't helped farmers; infrastructural loopholes hinder progress

The agriculture sector will not just watch how much money is set aside in Union Budget 2018-19, but also how it is used as BJP tries to woo disaffected farmers before upcoming polls

CAG report on Food Corporation reveals loaders' use of proxy labour to earn lakhs continues unabated
Business

CAG report on Food Corporation reveals loaders' use of proxy labour to earn lakhs continues unabated

CAG report says FCI unnecessarily spent Rs 237.65 cr due to non-rationalisation of labour, deployment of costlier labour at depots and non-pooling of labour

Agriculture crisis: It's high time for govt to re-look at MSP as a tool to rescue farmers
Business

Agriculture crisis: It's high time for govt to re-look at MSP as a tool to rescue farmers

It has become religious ritual that every year central cabinet meets to revise MSP upwards

Lakhpati loaders no more: FCI to deploy contract workers to trim wage bill
Business

Lakhpati loaders no more: FCI to deploy contract workers to trim wage bill

As of now, the corporation spends Rs 1800 crore annually on departmental workers alone

Learn from 2014: How the Modi govt can tame rising food prices
Business

Learn from 2014: How the Modi govt can tame rising food prices

While prices of food grains can be contained by releasing government stock into the open market, such a thing is not possible in case of vegetables, given their short shelf life.

India in biggest wheat import deals since 2010 as rains damage crop
Economy

India in biggest wheat import deals since 2010 as rains damage crop

Indian flour millers have bought between 70,000 and 80,000 tonnes of Australian prime wheat for April-May shipment at $260-$265 a tonne, including cost and freight.

Surprise: Thanks to 'labour gangs', some FCI loaders earn Rs 4 lakh per month
Business

Surprise: Thanks to 'labour gangs', some FCI loaders earn Rs 4 lakh per month

So, how do these labourers earn more than double of what the FCI chairman-cum-managing director gets? It's the faulty system that is leading such abuse of government funds.

Corruption in FCI is frightening; revamp report addresses root causes: Shanta Kumar
Business

Corruption in FCI is frightening; revamp report addresses root causes: Shanta Kumar

Problems will be there, but someone will have to start from somewhere, says Kumar who headed the panel on restructuring Food Corporation of India