ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

FOODGRAINS TRADE TAKE-OVER-Who Killed Cock Robin

FOODGRAINS TRADE TAKE-OVER Who Killed Cock Robin? (From a Special Correspondent) IN a country characterised by wide fluctuations in production and frequent shortages of foodgrains, leaving food- grain distribution to the mercy of the "invisible hand" of the market has grave dangers. Despite the reiteration of this tact by a number of commissions, the Government of India took too long before it finally decided to take over the wholesale trade in foodgrains, beginning with wheat. But the hasty manners in which the wheat trade has been taken over gives it the appearance of au ad hoc and casual measure rather than a well thought-out policy. There are a number of gaps in the way the take-over has been effected. These go a long way in explaining the current slow pace of wheat procurement and may even defeat the basic objective of the take-over in the long run.

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top