It is time for the National Advisory Council (NAC) to introspect whether its pious thoughts on food security square up to an economic reality check. There are three likely scenarios: (1) universal coverage at 35 kg/per month per family; (2) universal coverage with 25 kg per family per month; and (3) partial coverage (say, to 11 crore families) with 35 kg per family per month. In each case, the implications...
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Hunger, by design by Vandana Shiva
Why is every fourth Indian hungry? Why is every third woman in India anaemic and malnourished? Why is every second child underweight and stunted? Why has the hunger and malnutrition crisis deepened even as India has nine per cent growth? Why is “Shining India” a “Starving India”? In my view, hunger is a structural part of the design of the industrialised, globalised food system. Hunger is an intrinsic part of the...
More »Windfall for farmers continues, loan disbursal target raised to Rs 4,75,000 crore
Farmers can continue to reap a financial harvest that first came as a windfall loan waiver of Rs 60,000 crore in 2008. Finance minister Pranab Mukherjee raised the target for loan disbursal to the farmers from the present Rs 3,75,000 crore to Rs 4,75,000 crore in 2011-12, nearly a 27% jump.Mukherjee has raised the target consistently in 2010-11, the loan target was raised by over 15% at Rs 3.75 lakh...
More »Budget 2011: Pranab focuses on social sector
Union Finance Minister Pranab Mukherjee presented Budget 2011-12 in Parliament on Monday promising to stimulate growth and bring down inflation. Admitting that food inflation remains a matter of concern, Pranab said that the economy could have performed better. He said that the development needs to be more inclusive while announcing increased outlay on social sector schemes. "Total food inflation is down from 20.2 per cent last year to 9.3 per cent...
More »Union Budget 2011 to bring in food bill for poor
India's finance minister announced on Monday a food security bill for 2011/12, a measure that would provide cheap grains for millions of India's poor but which has sparked worries of a huge fiscal cost. It was one of the first signs of populism in the annual budget as Prime Minister Manmohan Singh confronted high prices and corruption scandals as well as elections in five states this year. In his ongoing budget speech,...
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