ASSOCHAM welcomes public food policy reforms 06/02/2015

ASSOCHAM welcomes public food policy reforms
06/02/2015 15:56
Lauding government efforts for restructuring the role of Food Corporation of India (FCI), the apex industry body ASSOCHAM said that this move will make food grain management system more efficient.
“ASSOCHAM welcomes the High Level Committee’s report on re-orienting the role & structure of Food Corporation of India (FCI) into an agency for Innovation in Food grain Management Systems, which shall focus on modernization, policy reforms and cost efficiencies,” said ASSOCHAM Secretary General D S Rawat.
Capping of FCI acceptance of procured stocks within the state-wise norms of National Food Security Act (NFSA), measures to make Food grain Management system more efficient, decentralization of procurement in the major public procurement states and ramping up of Negotiable Warehousing Receipts are some far-reaching steps, Rawat said.
Further, the case for direct cash subsidy for fertilizers has been proposed towards judicious usage of inputs by farmers as per soil requirements and towards curbing the subsidy bill. Moreover, unbundling of the corporation, outsourcing of operations to specialized agencies including the private sector, thrust on PPP projects, FDI for grain storage as well as modern silo structures, will pave the way forward for a professional approach.
ASSOCHAM is confident that the Committee has taken bold steps including improving of public food system efficiency, bringing substantial savings to the exchequer, improving, promoting crop diversification and effectively balancing the farmer & consumers’ needs, he added.