This post is the sixth in a series sharing findings from a research project Sam Kornstein and Paul Artiuch are working on throughout the month of January. Paul Artiuch and Samuel Kornstein are graduate students at the MIT Sloan School of Management. Throughout the month of January they are in India researching market-oriented approaches to reducing agricultural food waste.

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By Samuel Kornstein and Paul Artiuch

January 18, 2012

India is one of the largest wheat producers in the world, with the most recent harvest bringing in over 80 million tons of grain. As we’ve mentioned in previous posts, the government buys a significant portion of each year’s harvest and distributes it to the poor through ration shops. As part of this program, the government also maintains a grain reserve as a food security measure, and provides farmers with purchase guarantees at a minimum support price. As a result, massive stocks of wheat are kept in government storage every year – 17 million tons was held by the program’s agency, the Food Corporation of India, at the beginning of 2011.

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