The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
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Poor storage not behind high food prices: Economic advisor by Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
More »With 8 gizmos in a case, Nilekani sets out to give 1.2 bn people an identity
Packed into what look like two medium-sized suitcases are eight essentials — an iris scanner, a fingerprint machine, a camera, a laptop, a computer screen linked to the laptop, an Internet data card, a pen drive and a printer. Armed with kits like these, Nandan Nilekani and his team at the Unique Identification Authority of India (UIDAI) will kickstart one of the most ambitious exercises in recent times — distribution of...
More »Rising prices: Top foodgrain producing states worst hit
Major foodgrains producing states have been the worst hit by rising prices, thanks to the Centre’s decision to pay more to farmers for their produce. Although inflation, as measured by the consumer price index (CPI), has been in double digits for nearly six months, there are several states where CPI in the rural region has been around 20%. A look at state-wise consumer price index numbers shows that pre-dominantly agri-based...
More »Start a hungama by Manoj Kumar
It’s a silent epidemic that we’ve never been able to put a finger on. In debates on food security, the issues of hunger and malnutrition have always been add-ons. But for millions, getting the next meal is the difference between life and death. Four-year-old Akash Sahariya can barely stand up. His bleached hair, distended belly and matchstick arms are harbingers of certain death that awaits him. He is the fourth...
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