The Sonia Gandhi-led National Advisory Council has decided to stick to its recommendations on the Food Security Act which have been turned down by a committee headed by PM's chief economic adviser C Rangarajan. The NAC has released the version of the Bill it has drafted to explain that its recommendations on the size of population to be covered by the Food Security Act were feasible. The Rangarajan committee has cited food...

There comes a moment in the life of a nation when small differences of opinion are responsible for missing a historic opportunity that the nation may come to regret forever. The regret is greater when realisation strikes later that what seemed like irreconcilable differences could have been easily bridged with a little foresight. We are in such a moment now. The Food Security Bill is a bold measure of historic importance...

The need for ensuring food security for the poor is indisputable. However, the means to do so have to be practical and fiscally sustainable. That is what the prime minister’s economic advisory council Chairman C Rangarajan and a group headed by him, which looked into the proposed food security law, seem to think. Most of the points raised by this panel about the recommendations of the Sonia Gandhi-led National Advisory...

The problem is all pervasive as the prices of almost all food items have been rising In a scenario that is all familiar in India and for that matter in many other countries too, rising food prices have become an extremely sensitive issue with major political and social ramifications that go well beyond the economic ones. Not that the economic consequences are unimportant. From the macroeconomic management point of view, rising food...

So why is the UPA hell-bent on killing its unique success story: the NREGA? Here's the inside narrative of the conspiracy. It took 47 days of a protest sit-in at Jaipur to make the state budge(1). It's notable that the objective of this protracted protest was not to coerce the Rajasthan government for an extra share of the state's resources, but to hold the government accountable to the Constitution and its...