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Covid-time demand helps whittle down FCI grain stocks -Harish Damodaran

-The Indian Express The gap between the current and year-ago stocks, too, has narrowed down from over 15 mt to 1.5 mt between June 1 and October 1. Covid-19 may have unleashed all-round economic devastation, but has also turned into an opportunity for whittling down the Food Corporation of India’s (FCI) massive grain mountain. At 68.49 million tonnes (mt), the total wheat and rice stocks in the Central pool as on October 1...

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No free grain in July for 40% of PMGKAY beneficiaries

-The Hindu Only 6% of free chana due in July has been distributed New Delhi: Almost four out of ten people dependent on free food from the Centre did not receive their July allocation under a special scheme to help tide over the coronavirus (COVID-19) crisis, Food Minister Ram Vilas Paswan told journalists on Friday, blaming States for their failure to distribute the free grains and pulses. In fact, as many as 11...

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Foodgrain stocks fall marginally despite PMGKAY -Harish Damodaran

-The Indian Express For July 1, the normative minimum stocks to run the targeted public distribution system (TPDS) and other welfare schemes, plus maintain a strategic reserve over and above that, are 27.58 mt of wheat and 13.54 mt of rice. Despite efforts at disposing of surplus foodgrains – including by distributing these free under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) and a special scheme for migrant labourers returning to...

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How India Can Leverage Surplus Food Grain to Expand PDS Without Sacrificing Fiscal Prudence -Siraj Hussain and Jugal Mohapatra

-TheWire.in After Modi's decision to extend additional allocation of food grains under PMGKY until November, there are now three scenarios that can play out. On June 30, Prime Minister Narendra Modi, in his address to the country, announced that the additional allocation of food grains under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKY) will be made available till November. This means that from April to November 2020, 71.17 crore people – classified...

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That foodgrain stocks lie in public godowns while people are going hungry is a scandal -Dipa Sinha

-The Indian Express What is disturbing is that in the middle of the current crisis some are now calling for a massive downsizing of the PDS and a shift to cash transfers in place of foodgrains. The Public Distribution System has played an important role in providing relief to people in the aftermath of the national lockdown. With COVID-19 cases increasing and the economy continuing to be in a downturn, some corrective...

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