20.6.11

Problem of Plenty

Food Grains Storage Capacity: 62.8 million tonnes
Record rice and wheat stocks of 65.5 million tonnes in early June
No place to keep paddy after kharif harvest arrives by Sept-Oct
Govt plans to increase procurement by 10 million tonnes to 70 million tonnes
Govt disallowed exports to meet the projected requirement of grain under proposed Food Security Act

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