THE government will need to shell out Rs 6,000 crore more in food subsidy to support poor families under the proposed Food Security Act due to the revised estimate of the number of poor families in the country. Food subsidy will account for about 1.1% of the gross domestic product in the current fiscal year, compared with 0.9% last year, said a study by Deutche Bank. The Union budget has...
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A policy? Rubbish by Ravi Agarwal
The Cobalt-60 radiation tragedy at Mayapuri in Delhi has unearthed many skeletons, which some seem to be desperate to hide. There is already a life lost, and maybe others irrevocably damaged, while everyone is busy hurling accusations at each other. This is a typical response. Instead, we need to examine the systemic problems that this incident has indicated. While those who were negligent must be punished, there are many questions...
More »Government's food subsidy bill likely to double by Sreelatha Menon
Various estimates of the extra cost to the government for an improved food security Bill are doing the rounds, but many agree the Union government’s proposed food subsidy bill would double. The proposed Bill offers 25 kg per family per month at Rs 3 a kg, to only families below the poverty line, or about 84 million households. Activists are insisting this be raised to 35 kg a family and to...
More »Food Act may cost govt Rs 63k cr every year by Rajeev Deshpande
If Planning Commission deputy chairman Montek Singh Ahluwalia’s indication that 35 kg of foodgrain a family and the Tendulkar committee estimate of 8.3 crore BPL households could be the basis of the national food security Act, then the government’s bill adds up to a staggering Rs 63,750 crore a year. At 25 kg a BPL family, it is slightly less at Rs 54,200 crore, which is roughly the food subsidy...
More »Blinkered vision by Vandana Prasad
If recent indicators are anything to go by – the failure to keep food prices down, the proposed national food security Act, the failure to ensure even minimum wages to construction workers at projects for the upcoming Commonwealth Games in New Delhi, to recount a few – it seems the country has given up even the pretence of caring about its children or their crippling, unbudging state of malnutrition. Leaders,...
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