knowledge questions magazine in English
knowledge questions magazine in English Published this article page no 26 since storage of food grains is costly it represents a waste of resources that could have been used elsewhere and in more productive ways. the panel wants the fci to hand over the procurement of wheat paddy and rice to growing states such as punjab haryana andhra pradesh chhattisgarh madhya pradesh and odisha with the rider that they will not give bonuses to farmers over and above the msp determined by the centre.the surplus states must procure for deficit states. the states must also contain the taxes and statutory levies at three per cent of the msp from the current two to 14.2 per cent in punjab.with these major changes in the procurement stocking movement and distribution of grains the fci will transform itself into an agency for innovations in food management. for the msp (minimum support price) the report recommends revisiting the policy of minimum support price (msp) because it finds no point in announcing msp for 23 commodities if government cant create an effective support system even for wheat and paddy pulses and oilseeds deserve priority knowledge quest magazine subscription details.
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