-Down to Earth Mounting expenses, under-provisioning of food subsidy budget leading to a huge debt is highly worrisome A fiscal crisis has been brewing in the last few years. Mounting food subsidy arrears — payable to the Food Corporation of India (FCI) due to ‘under-provisioning’ of food subsidy expenses in successive union budgets — has forced FCI to take loans to finance its operations. FCI is the central agency that manages procurement, storage...
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What economists like Ashok Gulati still don’t understand about agriculture in India -Yogendra Yadav
-ThePrint.in Indian farmers have read the writing on the wall. India’s economists have not. Do Indian farmers understand the agrarian economy better than Ashok Gulati? Ridiculous as it might sound, the answer could well be: yes. Professor Ashok Gulati is the leading agricultural economist in India, and among the scholars I read, consult and respect. He combines solid scholarship with genuine concern for the farmers. He has the spine to stand against governments...
More »Large sections of poor are unlikely to benefit from extension of food grains scheme -Swati Narayan
-The Indian Express Expansion and universalisation of the PDS, pensions, cash grants and employment guarantee schemes in both urban and rural areas are essential to tide through these difficult times. The Prime Minister’s extension of free food grains for 800 million Indians till November is undoubtedly a relief. The granaries of the Food Corporation of India (FCI) are overflowing with more than 100 million tonnes of food grains. But the economy has,...
More »Grain aplenty and the crisis of hunger: on universal Public Distribution System -Dipa Sinha
-The Hindu The focus on One Nation One Ration Card is misplaced when what is needed is a universal Public Distribution System With the economic crisis continuing on the one hand and the health system crumbling under the burden of rising COVID-19 cases on the other, it is clear that it will take a long time for things to get back to “normal”. Unemployment is high and it will take a while...
More »That foodgrain stocks lie in public godowns while people are going hungry is a scandal -Dipa Sinha
-The Indian Express What is disturbing is that in the middle of the current crisis some are now calling for a massive downsizing of the PDS and a shift to cash transfers in place of foodgrains. The Public Distribution System has played an important role in providing relief to people in the aftermath of the national lockdown. With COVID-19 cases increasing and the economy continuing to be in a downturn, some corrective...
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