A“reworked and realistic” food guarantee scheme is on the anvil. The Suresh Tendulkar panel report is likely to form the basis for poverty estimation required for this. A hint to this effect came during a meeting of the core group of chief ministers on price rise chaired by Prime Minister Manmohan Singh here on Thursday. The government has been under pressure from state governments to make a fresh BPL assessment....

In an all-too-rare political consensus, India’s Central government and 10 states on Thursday decided to take a call in the following few weeks on reintroducing harsh laws that will severely punish hoarders in order to mitigate food inflation. A core committee comprising representatives of the states and the Centre, and led by Prime Minister Manmohan Singh, appointed three sub-groups to come up with a solution within 45 days. One of the...

While the government's recent clarification on the policy on foreign investment in wholesale trade is welcome, it needs to be complemented with a policy to empower our farmers to interact with modern, organised retail productively. Organised retail can catalyse a second green revolution in India when farmers become empowered to negotiate prices for their produce with retailers. The industry ministry's recent guidelines for wholesale trade, known as cash and carry,...

The sale of foodgrains through the public distribution system to poor families throughout the country at highly subsidised prices is stinking of corruption, hoarding and black marketing, the Supreme Court appointed central vigilance committee said in its damning reports. After touring various states and scrutinising the operation of PDS system through fair price shops, the committee headed by retired Supreme Court judge Justice D P Wadhwa used following terminology for...

There is little or no doubt that the idea of direct cash transfers to India’s poorest has some heavy hitters behind it now. Besides the now famous second chapter of the Economic Survey and definite hints (and some statements that were more than hints) from Finance Minister Pranab Mukherjee, several state leaders have spoken up in favour of it. Bihar Chief Minister Nitish Kumar has more than once said that...