The Asian Age

Planners want pragmatic approach

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New Delhi, Feb. 8: The Planning Commission has recommende­d a “pragmatic” approach to the policy of food zones in the Fourth Plan, depending on the actual production and the level of prices in a particular year.

The Commission feels that zonal restrictio­ns must be regarded as a purely temporary device in a situation of shortage, and should be relaxed as an when necessary.

With the emergence of surpluses and the building up of a buffer stock, the need for zonal restrictio­ns should gradually diminish.

The buffer stock target for the Fourth Plan has been put by the Commission at five million tonnes, against seven million tonnes recommende­d by the Agricultur­al Prices Commission.

It is felt that buffer stock operations are pretty costly and a higher target would mean tying up scarce resources which could be used for productive investment.

Even to finance a five- millionton­ne buffer, the outlay needed in the Fourth Plan is estimated at Rs. 260 crores.

A lower buffer stock target is also favoured on the expectatio­n that with the concentrat­ion of the high- yielding varieties programme in areas with assured irrigation and rainfall, the fluctuatio­ns in food output due to the vagaries of the weather would not be as intense as in the previous years.

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