Don’t miss the latest developments in business and finance.

Proper management will help curb food inflation: Modi

Image
IANS New Delhi
Last Updated : Jun 11 2014 | 7:00 PM IST

Proper management of agriculture products through modern technology and help control food inflation, Prime Minister Narendra Modi said Wednesday.

In his reply in the Lok Sabha to the debate on motion of thanks on the president's address, Modi said there is adequate availability of food products in the country.

"There is enough food in the country. What is required is proper management," Modi said in his maiden speech in the parliament.

He said efforts should be made to gather "real-time data" of agricultural products that would help regulators take the required action to manage prices.

The prime minister indicated that the Food Corporation of India (FCI) could be restructured for better management of agricultural produce.

He suggested that three different entities be set up for procurement, storage and distribution of food products. Currently, the FCI is responsible for all the three aspects.

Also Read

Modi also emphasised on the need for taking action for increasing agricultural productivity as land is limited.

"Agriculture need to be modernised. We have to take measures to enhance productivity of our land," the prime minister said.

More From This Section

First Published: Jun 11 2014 | 6:48 PM IST

Next Story