India’s fiscal policy is not supportive of monetary measures that the country’s central bank is employing to fight rampant inflation, the prime minister’s honorary economic advisor and former International Monetary Fund chief economist Raghuram Rajan said, while singling out the proposed Food Security Bill as a particular cause for concern. The Bill, which proposes to give about 68 per cent of population the legal right to subsidised food, will not only...

Its elimination is an international obligation, but there is a long way to go to meet the goal While governments and civil society commemorate the World Day Against Child Labour on June 12, over 20 crore children are still engaged as child labourers. More than half of them face the worst forms of child labour. Though India has the dubious distinction of having the largest number of child labourers, this...

Obituaries for the PDS system are a bit premature, based as they are on outdated data and presumptions. Despite flaws like pilfering and leakages, the system shows signs of improvement in certain states. States have demonstrated the political will to invest in the PDS, by putting in state resources to make it work. Cash transfers (CTs) are increasingly advocated as an alternative to the Public Distribution System (PDS). The proponents of...

-The United Nations   The world will increasingly experience water scarcity for agriculture as a result of climate change, a phenomenon that will affect the livelihoods of rural communities and the food security of urban dwellers, the United Nations Food and Agriculture Organization (FAO) said in a survey released today. The impact of climate change on the availability of water include reduction in river run-off and aquifer recharges in the Mediterranean and...

Victims have not forgotten the following brutal tragedies in the life of independent India, even if the State and political parties may pretend to have. 1984—Delhi: On October 31, Prime Minister Indira Gandhi was assassinated by her two Sikh bodyguards in revenge for ‘Operation Bluestar’. For the next three days, as Doordarshan telecast the lying in state of her body, over 3000 Sikhs—men and boys—were burnt alive while policemen, politicians and...