Stat as Tics
5
Wastage and storage: Pawar said the Saumitra Chaudhuri Committee, constituted by the Planning Commission in 2012, has indicated 61.3 million tonnes of coal storage requirement in the country against the present capacity of around 29 million tonnes. Pawar said during Question Hour that the value of annual wastage of fruits and vegetables was estimated at Rs 13,309 crore. However, if the wastage value of rice, wheat, cereals and others are taken into account, it w ould go up to Rs 44,000 crore a year. Despite the expected fall in production in foodgrains in 2012 -13, there is adequate availability of foodgrain stocks with the central pool. As against the buffer stock norm of 31.9 million tonnes of rice & wheat (as on 1st July of each year), total Central Pool stocks were more than double at 80.5 million tonnes 30.7 million tonnes of rice and 49.8 million tonnes of wheat) on 1st July, 2012 (Chart 1.3). The situation is not very different as on 1 st January, 2013 – with 66.6 million tonnes of central pool stocks and more than double the buffer stock norm of 25.0 million tonnes. It is expected that these would cross 90 million tonnes by 1 st July, 2013 with record procurements for rice and wheat in KMS 2012-13 and RMS 2013-14. These excess stocks, beyond the buffer stock norms, as on 1 st July, 2012 amount to around Rs 73,000 crore5 locked in FCI godowns. Accounting for the fact that the economic cost of FCI towards procurement incidentals, storing and distributing foodgrains is about 40 percent more than the procurement price, the locked in extra stocks value more than Rs 1 lakh crore - more than the budgeted food subsidy of Rs 90000 crore in 2013-14. The macroeconomic implication of this infusion of “excess” money into the economy without corresponding flow of goods is evident in the paradox of rising prices of rice & wheat amidst plenty stocks. the cost of carrying rice for a year with government agencies is about Rs 300/qtl. An examination of the wholesale prices of the major kharif crops reveals that prices of paddy (excluding the eastern belt), maize, moong, groundnut and soyabean are generally showing a rising trend, while the prices of paddy (in the eastern belt), tur, urad and cotton are currently ruling below or around their respective MSPs. It is also reported that the conversion rate of paddy to rice in these small units is only 60 per cent vis-à-vis 67 per cent in the bigger ones. Bihar needs modern and large scale mills that give higher includes Market Fee, APMC Cess, Arthiya Commission, Dami, Commission to societies/Agents,
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8/13/2019 Stat as Tics
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Wastage and storage:
Pawar said the Saumitra Chaudhuri Committee, constituted by thePlanning
Commission in 2012, has indicated 61.3 million tonnes of coal storage
requirement in the country against the present capacity of around 29million tonnes.
Pawar said during Question Hour that the value of annual wastage of fruits
and vegetables was estimated at Rs 13,309 crore. However, if the wastage
value of rice, wheat, cereals and others are taken into account, it would go
up to Rs 44,000 crore a year.
Despite the expected fall in production in foodgrains in 2012-13, there is adequateavailability of foodgrain stocks with the central pool. As against the buffer stock
norm of 31.9 million tonnes of rice & wheat (as on 1st July of each year), total
Central Pool stocks were more than double at 80.5 million tonnes 30.7 million
tonnes of rice and 49.8 million tonnes of wheat) on 1st July, 2012 (Chart 1.3). The
situation is not very different as on 1st January, 2013 – with 66.6 million tonnes of
central pool stocks and more than double the buffer stock norm of 25.0 million
tonnes. It is expected that these would cross 90 million tonnes by 1 st July, 2013
with record procurements for rice and wheat in KMS 2012-13 and RMS 2013-14.
These excess stocks, beyond the buffer stock norms, as on 1st July, 2012 amount
to around Rs 73,000 crore5 locked in FCI godowns. Accounting for the fact that theeconomic cost of FCI towards procurement incidentals, storing and distributing
foodgrains is about 40 percent more than the procurement price, the locked in
extra stocks value more than Rs 1 lakh crore - more than the budgeted food subsidy
of Rs 90000 crore in 2013-14. The macroeconomic implication of this infusion of
“excess” money into the economy without corresponding flow of goods is evident
in the paradox of rising prices of rice & wheat amidst plenty stocks.
the cost of carrying rice for a year
with government agencies is about Rs 300/qtl.
An examination of the wholesale prices of the major kharif crops reveals that
prices of paddy (excluding the eastern belt), maize, moong, groundnut and
soyabean are generally showing a rising trend, while the prices of paddy (in
the eastern belt), tur, urad and cotton are currently ruling below or around
their respective MSPs.
It is also reported that the conversion rate of paddy to rice in these small units
is only 60 per cent vis-à-vis 67 per cent in the bigger ones. Bihar needs modern
and large scale mills that give higher
includes Market Fee, APMC Cess, Arthiya Commission, Dami, Commission to societies/Agents,
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Mopari
Charges??????????????????????????????????????????????????????????????????????????????????????????
????????????????????/
Different states are in varying stages of progress. States like Tamil Nadu have
completely reformed the APMC Act, while Bihar has repealed the same. Inthe latter case, while all market barriers have been removed, dynamic efforts
to develop infrastructure to facilitate trade is lacking. States/ UTs of Kerala,
Manipur, Andaman & Nicobar Islands, Dadra & Nagar Haveli, Daman & Diu, and
Lakshadweep do not have APMC Act.
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