Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade

This study evaluates the domestic and international trade and marketing policies in India and analyzes the effects of deregulating domestic markets and liberalizing external trade on the food grain sector. Historically, India's food policy has involved heavy government intervention in all aspects of...

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Autores principales: Jha, Shikha, Srinivasan, P. V.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2004
Materias:
Acceso en línea:https://hdl.handle.net/10568/157873
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author Jha, Shikha
Srinivasan, P. V.
author_browse Jha, Shikha
Srinivasan, P. V.
author_facet Jha, Shikha
Srinivasan, P. V.
author_sort Jha, Shikha
collection Repository of Agricultural Research Outputs (CGSpace)
description This study evaluates the domestic and international trade and marketing policies in India and analyzes the effects of deregulating domestic markets and liberalizing external trade on the food grain sector. Historically, India's food policy has involved heavy government intervention in all aspects of the food grain market -- pricing, procurement, stocking, transport and marketing. The Food Corporation of India (FCI) is the principal parastatal agency responsible for marketing food grains within the country and controls nearly 50 percent of the grain markets. An analysis of the performance of the FCI, however, reveals enormous and mounting costs of operations that present a huge financial burden for the Government of India (GOI). This study offers a comparison of the costs and functioning of the FCI with that of private traders, in order to suggest policy options for reform. The results show that private traders operate at costs lower than those incurred by the FCI in both storage and trade, despite several controls and restrictions imposed upon them. Therefore, the finding from this study is that there is a strong case for reform from the efficiency point of view."""" -- From Author's Executive Summary""
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spelling CGSpace1578732025-11-06T05:00:54Z Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade Jha, Shikha Srinivasan, P. V. food crops trade liberalization food policies state intervention storage costs market prices This study evaluates the domestic and international trade and marketing policies in India and analyzes the effects of deregulating domestic markets and liberalizing external trade on the food grain sector. Historically, India's food policy has involved heavy government intervention in all aspects of the food grain market -- pricing, procurement, stocking, transport and marketing. The Food Corporation of India (FCI) is the principal parastatal agency responsible for marketing food grains within the country and controls nearly 50 percent of the grain markets. An analysis of the performance of the FCI, however, reveals enormous and mounting costs of operations that present a huge financial burden for the Government of India (GOI). This study offers a comparison of the costs and functioning of the FCI with that of private traders, in order to suggest policy options for reform. The results show that private traders operate at costs lower than those incurred by the FCI in both storage and trade, despite several controls and restrictions imposed upon them. Therefore, the finding from this study is that there is a strong case for reform from the efficiency point of view."""" -- From Author's Executive Summary"" 2004 2024-10-24T12:52:17Z 2024-10-24T12:52:17Z Working Paper https://hdl.handle.net/10568/157873 en Open Access application/pdf International Food Policy Research Institute Jha, Shikha; Srinivasan, P. V. 2004. Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade. MTID Discussion Paper 67. https://hdl.handle.net/10568/157873
spellingShingle food crops
trade liberalization
food policies
state intervention
storage
costs
market prices
Jha, Shikha
Srinivasan, P. V.
Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade
title Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade
title_full Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade
title_fullStr Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade
title_full_unstemmed Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade
title_short Achieving food security in a cost effective way: implications of domestic regulation and reform under liberalized trade
title_sort achieving food security in a cost effective way implications of domestic regulation and reform under liberalized trade
topic food crops
trade liberalization
food policies
state intervention
storage
costs
market prices
url https://hdl.handle.net/10568/157873
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AT srinivasanpv achievingfoodsecurityinacosteffectivewayimplicationsofdomesticregulationandreformunderliberalizedtrade