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Cash crisis threat to record harvest by Samar Halarnkar

Less than a week after India announced a record harvest, Hindustan Times has learnt that the nation’s main grain-buying agency is running out of money for its massive nationwide purchase operation. Over the last month, the state-run Food Corporation of India (FCI) has twice stopped payments to state governments, various grain-purchasing agencies and rice millers who buy wheat and rice, the main food crops, from millions of farmers, a senior...

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Our Self-righteous Civil Society by Pranab Bardhan

Over the last few decades thenon-party volunteer organisations have been much more effective in Indian public space and more articulate in policy debates than the traditional Left parties. This essay, while recognising the manifold achievements of these organisations, reflects on the serious limitations of the activities of the voluntary sector and argues that when they usurp certain roles they can become a threat to representative democracy. [Pranab Bardhan (bardhan@econ.berkeley.edu) is at...

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Prof. Reetika Khera interviewed by The Economic Times

Matter begins: What is the impact of the National Rural Employment Guarentee Act on rural wages? That is the question that the pundits are asking today. It's a query which feeds into a larger question. Six years have passed since NREGA became a legal reality. What is its village-level impact? It's a complex question to answer. NREGA undertakes to provide employment to anyone who asks for it. Which makes it...

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Food Security Bill needs amendments by Brinda Karat

As it is drafted, the Bill actually deprives people, and the State governments, of existing rights on multiple counts. The Food Security Bill finalised by a Group of Ministers should not be accepted by Parliament in its present form. The overriding negative features of the proposed legislation far outweigh its positive initiatives. The framework itself is questionable since the Central government usurps all powers to decide the numbers, criteria and schemes...

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Tata succeeds, while Posco struggles by Ruchira Singh & Alekhya Mukkavilli

Kalinganagar/Gobindpur: Tata Steel and Posco conceived their high-profile projects in Orissa at around the same time— 2004-05. Both faced similar opposition from land owners and saw long delays in meeting schedules. Tata Steel’s plant is under way with a commissioning deadline of October 2013, while Posco is still stuck at the land-acquisition stage. Nobody really knows when construction will start. In the land-acquisition process—the biggest stumbling block for most new plants—Tata Steel...

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