'Food subsidy is a massive burden…if so much is spent on subsidies, what is left for development?' agriculture minister Sharad Pawar recently asked. It is a legitimate question that is on the minds of many but seldom gets asked for fear of appearing callous. Are we prematurely trying to be a welfare State? In the developed world, safety nets like food stamps are regarded as humanitarian obligations toward the poor....
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Another excuse to cut government spending by Brinda Karat
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) is under pressure from several quarters. One such source of pressure is the rural rich whose concerns were recently voiced by Agriculture Minister Sharad Pawar, when he raised the bogey of shortage of supply of farm workers because of the employment guarantee scheme. The fact is that the national average for workdays generated under the scheme is less than half of the...
More »Aquaculture to provide more than half of world consumption
-FAO Aquaculture is the world's fastest-growing source of animal protein and currently provides nearly half of all fish consumed globally, according to a report published here by FAO. The report World Aquaculture 2010 found that global production of fish from aquaculture grew more than 60 percent between 2000 and 2008, from 32.4 million tonnes to 52.5 million tonnes. It also forecasts that by 2012 more than 50 percent of the world's food...
More »Putting Growth In Its Place by Jean Dreze and Amartya Sen
It has to be but a means to development, not an end in itself Is India doing marvellously well, or is it failing terribly? Depending on whom you speak to, you could pick up either of those answers with some frequency. One story, very popular among a minority but a large enough group—of Indians who are doing very well (and among the media that cater largely to them)—runs something like...
More »Nuclear power is our gateway to a prosperous future by APJ Abdul Kalam and Srijan Pal Singh
'Economic growth will need massive energy. Will we allow an accident in Japan, in a 40-year-old reactor at Fukushima, arising out of extreme natural stresses, to derail our dreams to be an economically developed nation?' Every single atom in the universe carries an unimaginably powerful battery within its heart, called the nucleus. This form of energy, often called Type-1 fuel, is hundreds of thousands, if not millions, of times more powerful...
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