To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...
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Nutrition surprise in rich kids by GS Mudur
Even wealthy children show signs of poor nutrition in some Indian states, according to a new report on child malnutrition from a non-government organisation released by Prime Minister Manmohan Singh today. The report, based on a survey across 100 districts in six states with poor child development indicators, has shown that child malnutrition is widespread — 42 per cent of children under five years of age are underweight, and 59 per...
More »Kisan credit cards to double up as debit cards by Dheeraj Tiwari
The nearly 10 crore farmers who hold kisan credit cards (KCC) will soon be able to use their card as a deposit account and a debit card. This will help the government scale up its financial inclusion plan quickly without relying on bank accounts alone. KCC, which has been instrumental in faster delivery of credit to farmers, is like an overdraft account with a bank that has to be operated through a...
More »Using the cow by Javed Anand
If you are a resident of Madhya Pradesh, Muslim and poor, nowhere close to the class of nawabs who can pay for murg musallam or mutton raan, watch your pot! The BJP government, led by Chief Minister Shivraj Singh Chouhan, has just armed itself with a big danda ostensibly to protect the holy cow and its progeny. But, make no mistake, it’s a stick to beat you with. To save your...
More »FDI policy: Indian consumers should have more choice by Nirmalya Kumar
Most developing countries have a love hate relationship to foreign investment. They love the jobs that it creates, the technology that it accompanies, the additional choices that it provides, and the local millionaires/billionaires it creates through creative phased restrictions. On the other hand, since many developing countries have a colonial heritage, and cash is concentrated amongst developed world MNCs, the host are wary of it. The more nationalistic elements within a country...
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