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LATEST NEWS UPDATES | Why Are People Going Hungry if India Has Surplus Foodgrain Stocks? -Prabhat Patnaik

Why Are People Going Hungry if India Has Surplus Foodgrain Stocks? -Prabhat Patnaik

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published Published on Dec 25, 2020   modified Modified on Dec 27, 2020

-Newsclick.in

A country that ranks 94 among 107 countries in the Global Hunger Index can’t be said to be self-sufficient in foodgrains. The surplus stocks are due to shortage of purchasing power in peoples’ hands.

The Indian intelligentsia has an incredible propensity to swallow the self-serving arguments of metropolitan capitalism that are typically supposed to constitute ‘economic wisdom’. And nowhere is this more evident than in the case of India’s food economy.

There is a plethora of centre-page articles in newspapers these days suggesting that Indian kisans should move away from producing foodgrains towards other crops, which is actually a demand that metropolitan countries have been making for quite some time. They want us to import foodgrains from them, of which they have a surplus, to meet the excess of our domestic demand over domestic production. This would take us back to the pre-Green Revolution days. And now members of the Indian intelligentsia are echoing in various ways this metropolitan demand to diversify away from foodgrains.

Sometimes their argument is that the kisans of Punjab and Haryana are caught in a “cereal trap” where they keep producing cereals which are not very profitable for them and of which the country now has a surplus, because they are lured by the provision of a Minimum Support Price (MSP) that reduces their risk.

Sometimes the argument is put differently: the Punjab and Haryana kisans have to move away from MSP-supported activities to other more lucrative ones, for which Prime Minister Narendra Modi, perhaps precipitately, is providing a way through his three agriculture laws.

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Newsclick.in, 25 December, 2020, https://www.newsclick.in/people-going-hungry-India-has-surplus-foodgrain?fbclid=IwAR0TrH0zBPuqAa8Js7IBWzI70zvv8OZAc_uZt2k-YxEuw2R6V9K4wcAJlgk


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