-Tehelka The National Food Security Act is probably going to undergo many changes before it is presented in Parliament. But everyone seems to agree that it’s time has come Towards the end of January, a few days after Republic Day and a little over a week after the Congress’s conclave in Jaipur, large half-page advertisements appeared in major newspapers: “Celebrating the 63rd year anniversary of our Republic by putting food on everybody’s...
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'Food bill to cost 2.38L cr/yr'-Subodh Varma
-The Times of India How much would it cost the central government to provide grain to the whole country at affordable prices? A calculation by the Delhi-based advocacy group Centre for Budget & Governance Accountability (CBGA) puts the figure at Rs 2,38,471 crore for one year. In the current financial year (2012-13), the Centre spent Rs 75,366 crore on the food subsidy, that is, about 0.74% of the gross domestic product....
More »Abandoning the Right to Food-Ankita Aggarwal and Harsh Mander
-Economic and Political Weekly The proposed legislation on the National Food Security Act has been steadily watered down since it was fi rst mooted in 2009. The Parliamentary Standing Committee that examined the 2011 Bill has disappointingly continued with "targeting". If the government passes the bill incorporating the committee's suggestions, a historic opportunity to combat hunger and malnutrition would be lost. Ankita Aggarwal (aggarwal.ankita87@gmail.com) is a Research Scholar at the Centre for...
More »Runaway food prices highlight the need to unshackle the farm sector
-The Times of India Why isn't aam admi smiling? The question's relevant, since some cheer's apparent in government circles over wholesale price index-based inflation falling to 6.62% in January. Headline inflation, it's said, will drop further by March-end. To common people, the WPI inflation figure's a meaningless number. If WPI inflation's dipped a fourth successive month, food prices have been riding high for far longer. Policymakers periodically recommend release of foodgrains from...
More »Cash transfers to tame food price spiral-Ashok Gulati and Shweta Saini
-The Economic Times Food inflation in India, as measured by food articles price index, has averaged 11.3% for the period FY 2008-09 to December 2012, with a maximum of 15.6% in 2010-11 and minimum of 7.3% in 2011-12. In December 2012, Wheat Prices stood 23% higher than in December 2011, and rice prices 17% higher in the same period. Although this spurt in wheat and rice prices in the face of...
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