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

A+| A| A-

Forum for Many Views

.

The Food Corporation of India     (FCI) is sometimes considered to be an inefficient organisation whose activities are to be curtailed. But the paper by Madhura Swaminathan (EPW, December 25, 1999) does not support this view. It has even been attributed by some that the inefficient working of the FCI is partly responsible for the high level of food prices in India. Whatever may be the criticism against FCI, it has to be admitted that the corporation plays an important role in the food economy of India.

While provision of food subsidy is an important element of the food security system in India, an equally important role is played by food procurement and buffer stock operations. Since agricultural production is subject to wide fluctuations due to climatic factors, left to market forces there is likely to be wide fluctuations in foodgrains prices in India. To bring about stability in foodgrain prices in the country it is necessary to maintain an adequate level of buffer stock.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 59

(Readers in India)


Pay
$ 6

(Readers outside India)

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.