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Volte-face on Food Security

-Economic and Political Weekly   A "high-level" committee makes half-baked recommendations which will rollback the PDS. A ccording to media reports, former Union Minister for Food Shanta Kumar recently disowned the National Food Security Act (NFSA) on behalf of the Bharatiya Janata Party (BJP). He explained, without blinking, that the BJP had just pretended to support the Act when it was being discussed in Parliament, for fear of the possible electoral consequences of...

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Modi government's doublespeak on food security is a recipe for chaos and corruption -Jean Drèze

-Scroll.in The strongest safeguard against fraud is not end-to-end computerisation but clarity of entitlements: if people know what is due to them, they will fight for it. In a stunning admission of party hypocrisy, former Food Minister Shanta Kumar recently stated that the Bharatiya Janata Party's support for the National Food Security Act last year was just a pretence. Remember, when the act was being discussed in Parliament, BJP leaders (from Narendra...

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Inequality is rising, but who cares? -Narendar Pani

-The Hindu Business Line Unlike in the 1970s, the moral outrage over glaring differences has given way to an aspirational ethos For those who have lived in Indian cities long enough, it is difficult to miss the remarkable change in people's tolerance of economic inequality. Back in the 1970s, economic inequality was a major part of the urban discourse. The various dimensions of inequality dominated coffee house discussions, theatre and even popular cinema, contributing...

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Farm Debt Curse Continues: NSSO

The agrarian crisis is far from over. Amidst news of farmers' suicide reported from parts of Telangana, Andhra Pradesh and Maharashtra, an official document released in December by the National Sample Survey Organisation states that nearly 52% of India's agricultural households were indebted during July, 2012 - June, 2013. The average amount of outstanding loan per agricultural household in India was Rs. 47000 (see link below). Based on a survey of...

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Pranab Bardhan, emeritus professor of economics at the University of California at Berkeley interviewed by Pramit Bhattacharya

-Livemint The development economist on the Modi government's initiatives and his stand on them, and MGNREGS The Narendra Modi-led government should consider replacing inefficient subsidies with a basic monthly income for all citizens, says Pranab Bardhan , emeritus professor of economics at the University of California at Berkeley. Bardhan, who recently sparred with economists Jagdish Bhagwati and Arvind Panagariya in a debate over the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS),...

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