The country’s attention may be focused on an ever-increasing energy needs, but water is a much bigger issue, says a key policymaker in the government. “Water crisis is a more serious issue than energy crisis,” said Montek Singh Ahluwalia , deputy chairman of Planning commission, at the World Economic Forum on Sunday. Speaking at a session on ‘How will India avert a Water Crisis?’ Mr Ahluwalia said that that the government...
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Food security to cost Rs 72,000 crore by Devika Banerji & Ajay Modi
The National Advisory Council (NAC) recommendation to guarantee foodgrain to two-thirds of the country’s population could bloat the government’s food subsidy spend by 26 per cent to over Rs 72,000 crore — equivalent to over 1 per cent of the gross domestic product. The foodgrain guarantee is part of the proposed National Food Security Bill. This is a conservative figure, compared with the Rs 78,000 crore estimated by Deutsche Bank in...
More »Challenging task
'The creaky PDS will not be able to do the job.' The recommendations of the National Advisory Council for the National Food Security Act, made after much discussion and many revisions, cast the net wide to include 75 per cent of the country’s population within the purview of the scheme.It is the most ambitious food entitlement scheme conceived anywhere in the world and the conceptual and implementation problems are very daunting....
More »'Low food prices to hit output' by Sreelatha Menon
In its zeal to make low-priced food available to as many as possible, the majority on the National Advisory Council may deal a mortal blow to farmers and output, warn farmer groups. The proposal to distribute low-priced foodgrain to 80 per cent of the rural population has nothing in it to incentivise cultivation. Vijay Jawandhia of the Shetkari Sangathana says the least the NAC could have done was to recommend that...
More »Punjab cries foul over low wheat support price by Vibha Sharma
Punjab Chief Minister Parkash Singh Badal and the farm lobby reacted sharply today to the Centre’s announcement of the Minimum Support Price for Wheat. The Centre yesterday had announced a nominal hike of Rs 20 in the MSP, fixing it at Rs 1,120 per quintal. Describing it as a ‘stab in the back’, the Punjab CM claimed that the MSP fixed for wheat is lower than the rate at which the...
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