The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

Good politics and good economics can make compatible bedfellows, if the timing is right. Food, its producers and consumers, are now the Centre's most potent political and economic battleground. Politically speaking, this could be the best time for the UPA to reclaim its dog-eared pro-people credentials through the Bill. The Right to Food Bill has triggered many apprehensions, including fears of a higher subsidy burden, an adverse impact on private...

-The Economic Times   A repeat of the 2008 rice crisis that led to riots in the developing world cannot be ruled out as the cost of other agricultural goods surge, a research group has warned. The International Rice Research Institute said the global rice market was delicately balanced as the grain had managed to avoid huge price rises thanks to stable weather in rice growing regions. The cost of wheat surged 121...

The food ministry is set to oppose the mandatory 5% ethanol blending programme, fearing diversion of foodgrain for manufacture of ethanol. The ministry has called for the report of the expert panel headed by Planning Commission member Saumitra Chaudhuri in order to "review" the programme. The petroleum ministry was expected to soon send the report to the Cabinet Committee on Economic Affairs for a final decision after factoring in the dissent notes...

-Live Mint   After the late Charan Singh, he was the moving force behind the formidable farm lobby in north India. Seen from that vantage, one could say he became a leader in his own right only after Singh left the stage Mahendra Singh Tikait’s political career took off long after productivity growth in Green Revolution had begun to taper off. The career of this rich farmers’ leader—who died on Sunday—was emblematic...