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KCR Writes Letter to Modi
By: Tupaki Desk | 25 Sep 2014 5:21 AM GMT
The food ministry has recently directed major paddy-growing states of nonbasmati rice to limit levy to a maximum of 25%, down from the earlier notified 75%. This levy reduction order will make open-market rice cheaper; food inflation will be moderated; quality improvisation will take place. Exports prices will be lower and non-basmati rice export will be incentivised.
Considering these facts KCR had written a letter to PM. In this letter KCR urged to protect farmers from the losses. He disclosed that levy reduction will be a big burden on the farmers and they will get lower price for the production.
But existing system of 30-75% levy rice has led to over procurement, overstocking, Wastage/deterioration, excessive involvement of central funds and higher food subsidies. The reduction in levy, to 25%, will correct the systemic deficiencies. Will Modi listens KCR words considering national interests?.
Considering these facts KCR had written a letter to PM. In this letter KCR urged to protect farmers from the losses. He disclosed that levy reduction will be a big burden on the farmers and they will get lower price for the production.
But existing system of 30-75% levy rice has led to over procurement, overstocking, Wastage/deterioration, excessive involvement of central funds and higher food subsidies. The reduction in levy, to 25%, will correct the systemic deficiencies. Will Modi listens KCR words considering national interests?.
