Gearing for the challenge of implementing the proposed Food Security Bill, Union Minister of State for Food and Public Distribution K.V. Thomas has decided to hold a conference of Chief Ministers to seek their views and cooperation. Mr. Thomas toldThe Hindu that he had made a presentation of the proposed Bill to Defence Minister A.K. Antony, Finance Minister Pranab Mukherjee, Agriculture Minister Sharad Pawar and Planning Commission Deputy Chairman Montek Singh...
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Commodities and Corruption by Prabhat Patnaik
Capitalism is supposed to bring in modernity, which includes a secular polity where ''babas'' and ''swamys'', qua ''babas'' and ''swamys'', have no role. Many have even defended neo-liberal reforms on the grounds that they hasten capitalist development and hence our march to modernity. The Left has always rejected this position. It has argued that in countries embarking late on capitalist development, the bourgeoisie allies itself with the feudal and semi-feudal...
More »UP scores low in plan panel report by Chetan Chauhan
A year before assembly elections in Uttar Pradesh, the Planning Commission has ranked the state poorly on performance of 12 major flagship schemes of the Central government. The new analysis is likely to provide Congress ammunition against the Mayawati government on UP for not been able to utilize the Central government funds effectively. The new ranking, which is the part of annual state plan report for 2011-12, finds UP at the bottom...
More »Food Bill could unleash new wave of inflation: Raghuram by Devjyot Ghoshal
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...
More »More than half of Bihar's population starving: Survey
-PTI A survey has claimed that 55 per cent of population in Bihar was malnourished and 70 per cent of women and children were anaemic due to low intake of food apparently due to poverty. "Bihar has attained 8-10 per cent growth rate due to development in tertiary sector, but 55 per cent of its people were suffering from malnourishment and 70 per cent of women and children were anaemic due...
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