The proposed Food Security Bill should adopt a three-pronged strategy that constitutes a Universal Public Distribution System for all, low-cost foodgrains to the needy, and convergence in the delivery of nutrition safety net programmes. In his latest budget speech, Finance Minister Pranab Mukherjee announced: “We are now ready with the draft Food Security Bill which will be placed in the public domain very soon.” Although no official draft has been...
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Danger of inflation by CP Chandrasekhar
WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...
More »The Allure Of Organic Manure by Bhavdeep Kang
IN GREEN-LIGHTING the new “nutrient- based” fertiliser policy, Finance Minister Pranab Mukherjee pulled off a political coup, overriding the objections of the once-powerful UPA allies, DMK and NCP. What’s more, it is those very critics who will be responsible for the actual delivery of benefits to farmers under the new scheme — which is a tall order. With Mamata Banerjee’s TMC putting in only a token caveat, the reservations of Union...
More »New food processing policy to woo biz
Orissa will soon formulate a state food processing policy to woo private investment in this potential sector. “A draft policy has been circulated among all stakeholders for their comments after which it will be finalised,” said chief minister Naveen Patnaik while inaugurating an agri and food processing conclave here today. Inviting private investors to invest in this sunrise sector, Naveen assured all necessary support required to promote agri and processed food products. Stating...
More »And yet another pro-farmer budget by P Sainath
This is a budget crafted for, and perhaps by, the corporate farmer and agribusiness. The real heroes of India's success story were our farmers. Through their hard work, they ensured “food security” for the country.— Pranab Mukherjee, interim budget speech Feb. 16, 2009 This Budget belongs to 'Aam Aadmi'. It belongs to the farmer, the agriculturist, the entrepreneur and the investor. — Pranab Mukherjee, budget speech, Feb. 26, 2010 Gee! Another pro-farmer budget....
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