The Congress-led United Progressive Alliance (UPA) will move a step closer to the realisation of its poll promise to promulgate a food security law if the Planning Commission, as is expected, conditionally approves the findings of the poverty panel report estimating the number of poor in the country at its meeting on Saturday. In preparation, Planning Commission deputy chairman Montek Singh Ahluwalia met senior government officials and some members of the...

As the nation debates the National Food Security Act (NFSA) and its implications on food security for the country, it is pertinent to pause for a moment and ponder some of the structural reasons for the mismanagement of the food economy of the country. Forget the past or the future or even the present set of policies being pursued. The UPA-II is pushing the nation inexorably towards a regime of...

Despite tall claims, the NREGA programme is just a dud as most other “in the name of the poor” expenditures - and as much of a dud as predicted by Rajiv Gandhi A decade or so ago, Booker prize winner Arundhati Roy claimed that the building of dams in India had displaced more than 50 million people. This implied that one out of every three rural Indians had had to move...

The Central budget of 2010-11 is a further step in the realisation of a vision of India vibrant with the income, wealth, saving, education and the entrepreneurial energy of the top 5-10 per cent of the population and the rest of Indians, serving that minority and surviving as barely literate, malnourished multitude.  With the accession of Rajiv Gandhi to power, a vision began to germinate. That vision was that of...

The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...