A problem of plenty is looming as by June 1, an estimated 12 million tonnes of foodgrain will have to be stored in the open in "kutcha plinths" with a bountiful Rabi harvest and procurement of 65 million tonnes of grain boosting food stocks to record levels. With states like Madhya Pradesh - apart from the wheat baskets of Punjab and Haryana - delivering bonus yields, food stocks are expected to...
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Protection from Starvation Bill-Veena S Rao
The 'Food Security' Bill falls flat as its content does not match its aspirations A disconnect runs through the nomenclature, preamble, objectives and content of the National Food Security Bill, 2011. The Preamble goes beyond the Title and states that the Bill provides “for food and nutritional security in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable price….” Even on cursory reading, it is...
More »Losing direction-Jayati Ghosh
The Budget provides proof of the United Progressive Alliance government having forgotten the importance of its own “flagship schemes”. BUDGET 2012-13 provides conclusive proof that the United Progressive Alliance (UPA) government has lost its way. It has managed the remarkable feat of upsetting almost everyone and making no one happy. The Budget is highly regressive in both taxation and spending terms and will raise prices of essentials, so aam aurat and...
More »Over 2,000 accused in UP foodgrain scam-Dhananjay Mahapatra
The massive spread of the UP foodgrain diversion scam came to the fore when CBI told the Supreme Court that it has filed FIRs against over 2,000 people, including politicians and public servants, during its investigations in just five places. No other single scam in India's history has seen registration of FIRs against so many persons and this could also be worrisome for the Akhilesh Singh Yadav government as the list...
More »Food bill threat to fiscal discipline
-The Telegraph Annual expenses for the government’s food security programme have been estimated at Rs 112,205 crore, which will make it very difficult for the government to fulfill its commitments on checking fiscal deficit. Food and consumers affairs minister K.V. Thomas disclosed the massive bill on the programme today in the Rajya Sabha, though no mention of this was made in Friday’s budget. Finance minister Pranab Mukherjee had just said he would foot...
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