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Price Policy for Rabi Crops 2014-15: Challenge of Managing Bulging Stocks and Taming Cereal Prices

Publisher: CACP

The major challenge faced by the Indian food sector since last year has been to prudently manage the ‘paradox of overflowing granaries and high cereal inflation’. The existence of overflowing granaries (73.9 million tonnes of grain stocks on 1st July, 2013) co-existing with a sharp rise in prices of rice & wheat (in March 2013, wheat and rice prices were higher by 19.6 percent and 17.1 percent respectively over March, 2012) indicates sub-optimal management of food economy. Accordingly, the Commission makes the non-price policy recommendations in this report.

Author(s): Commission for Agricultural Costs and Prices CACP | Views(433) | Download (167)

  
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