The Hindu Business Line : Wheat procurement

In the context of the rise in wheat prices experienced by global as well as Indian consumers, it is heartening to note that the Centre has already procured 12.6 million tonnes so far and is expected to achieve the target of 15 million tonnes (Business Line, April 29).

It is also reported that this procurement has been partly facilitated by the Railways’ move of not allotting railway wagons to private buyers.

This move, however, is against free market practices and may prove to be counter-productive as it may create an unwarranted panicky situation as private players also play a role in ensuring that the grains reach the needy in remote places through the demand and supply mechanism.

Besides, the Government is also ill equipped to meet the demands of all types of customers including the commercial one who procure the same for making such value-added products as biscuits, cakes, etc.

Again, only free market play can ensure that farmers have the freedom to sell the produce at the price and market they want, to persons of their choice.

P. E. Muthu Mumbai P. E. Muthu Mumbai

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