Marie Antoinette, the liberal and concerned queen of France, on seeing the poor and hungry masses demanding bread, said in a fit of charity — “let them eat cake”. Member of the prestigious National Advisory Council (NAC) Jean Dreze surveyed the performance of the existing National Food For Work Programme (NFFWP) in July 2005 and concluded that the performance was “alarming”. The work guidelines were not being enforced, and the...
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UN agency creates tool to mitigate agriculture’s contribution to global warming
The United Nations Food and Agriculture Organization (FAO) has initiated a programme to improve global information on greenhouse gas emissions from agriculture and accurately assess farming’s potential to mitigate global warming. The improved data acquired by the FAO Mitigation of Climate Change in Agriculture (MICCA) programme, which will receive $5 million in funding from Germany and Norway, will be made available via an online global knowledge base that will profile greenhouse...
More »Food inflation sharply falls to 13.07%, may stabilise at 8-9%
Food inflation dropped sharply to 13.07% for the week ended January 29 from 17.05% in the previous week. According to data released by the ministry of industry and commerce on Thursday food inflation declined to a seven-week low due to decline in the prices of pulses and potatoes. On an annual basis, prices of potatoes declined 8.87%, while pulses fell 8.63% and wheat by 3.58%, the government data said. Although the...
More »Indian Black Money: The Swindler’s List by Ashish Khetan
It is almost two years since the German Government had passed on the names and bank account details of eighteen Indians who had stashed their alleged ill-gotten wealth in the LGT bank of Liechtenstein, a well-known tax haven nation, 190 km from Munich, Germany. Germany had officially handed over the list to the Indian Government on 18 March 2009. Prime Minister Manmohan Singh and Union Finance Minister Pranab Mukherjee have since...
More »Kind to cash by Richard Mahapatra
The government has a plan to reach welfare to the poor without wasting money. It wants to put hard cash in their hands instead of spending on welfare programmes. To begin with, it wants to end the public distribution system of food grain and give money directly to the people. Its logic: the new system of cash transfer will plug leakages and save an enormous amount of money. But is it...
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