-The Indian Express In a letter to the Delhi Food Commissioner, the Union Ministry of Consumer Affairs, Food and Public Distribution has also said that changing the provisions of the Act so as to allow delivery of foodgrains to the doorstep of beneficiaries, would need the approval of Parliament. New Delhi: Six days before the proposed rollout of a Delhi government scheme to deliver rations to people’s homes, the Centre has raised...
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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »Imbalances in India’s cereal economy need more than a short-term fix -Jean Dreze
-The Indian Express The need of the hour is to expand distribution under the PDS. Failing that, the country is heading towards another round of wasteful stock accumulation even as poor people struggle to feed their families. The paradox of “hunger amidst plenty” has haunted India for a long time and shows no sign of going away. On the contrary, it reached a new plane in 2020. On the one hand, the...
More »The global angle to the farmer protests -Utsa Patnaik
-The Hindu It is not just domestic firms that are potential beneficiaries of the new farm laws; foreign agribusinesses are a danger too The farmers’ movement for the repeal of the three farm laws which affect them closely but have been rammed through without consulting them, has now entered its second month. It is of historic significance. It is not just about minimum support prices but also about the survival of the...
More »Govt needs to encourage more remunerative cropping patterns, while addressing farmer anxieties -Amitabh Kundu and Harbir Singh Sidhu
-The Indian Express Centre must make transparent efforts to push exports consistently and not follow the stop-go policy emanating from price controls for the Indian consumer market. The flashpoint between the agitating farmers and the central government is essentially rooted in the mismatch between the supply and demand for the wheat crop in India. The genesis of the current state of affairs stems from policies initiated over half a century ago when...
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