1. On Procurement Related Issues:

♤ FCI should hand over procurement to those States which have gained sufficient experience (Andhra Pradesh, Chhattisgarh, Punjab, Haryana and MP). It should focus on states which suffer from distress sale at prices much below MSP, and which are dominated by small holdings, like Eastern Uttar Pradesh, Bihar, West Bengal, Assam etc.

♤ Negotiable warehouse receipt system (NWRs) should be taken up on priority and scaled up quickly.

♤ GoI needs to revisit its MSP policy which gives skewed incentive to wheat and rice only and neglects crop diversification.

♤ MSP policy should work in coordination with trade policy so that the landed costs of imported crops are not below their MSP.