The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
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Of margins and the marginalised by Jayati Ghosh
The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
More »Lip service to inclusive growth by Praful Bidwai
The key to the United Progressive Alliance’s return to power in 2009 lay in its promise of “inclusive growth” centred on the aam aadmi. On top of the launching of the Mahatma Gandhi National Rural Employment Guarantee Act (NREGA), this gave the UPA immeasurably greater appeal and legitimacy than its rivals. But it also entailed obligations to implement other rights-based programmes, on food security, education and healthcare, among others. The National...
More »European Union Exploits Stockholm Convention
Driven by trade interest, EU is pushing Endosulfan for POP listing Elimination of Endosulfan is expected to severely impact pollination and India’s farming India is today the second largest producer of horticulture crops (fruits at vegetables) and annually produces over 215 million mt (2008-09 figures source Ministry of Agriculture). This is almost as much as India’s total food grain production of 235 million mt (2008-09 figures source Ministry. of Agriculture). India’s export...
More »Planning Commission to delink tribal welfare from security by Smita Gupta
The Planning Commission has decided to disown the Integrated Action Plan (IAP) for Selected Tribal and Backward Districts that it authored and was approved by the Cabinet Committee on Economic Affairs (CCEA) — in a vastly amended form — in November last. Currently being implemented in 60 Left wing extremist (LWE)-affected districts, the plan was watered down by the Ministry of Home Affairs (MHA) before it received the CCEA nod. Having...
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