-The Financial Express The 12th Ministerial Conference must deliver a permanent solution on public stockholding for ensuring food security of millions reeling under Covid-induced poverty The work for the 12th Ministerial Conference (MC 12) of the World Trade Organization (WTO) —to be held in Geneva, from November 30 to December 3—that had been delayed by the Covid-19 pandemic has gained momentum since the joining of the new director general of the WTO,...
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Current Inflationary Upsurge in India a Centrally-administered Phenomenon -Prabhat Patnaik
-Newsclick.in The jacking up of prices of a universal intermediary while at the same time cutting down on subsidies that could potentially insulate segments of the working people from the acceleration of inflation is proof of the fact. The official wholesale price index for March 2021, which was released a few days ago shows it to be 7.39% higher than for March 2020. Such a high rate of inflation has not been...
More »Nikhil Dey, RTI activist and founding member of Mazdoor Kisan Shakti Sangathan (MKSS), interviewed by Rakesh Kumar (TheStatesman.com)
-The Statesman NIKHIL DEY is one of the founding members of the Mazdoor Kisan Shakti Sangathan (MKSS). Since 1990, he has been a full-time MKSS activist and a member of the organisation’s decision-making collective. A leading social activist, Dey has always been involved in grassroots struggles for land and payment of minimum wages. He has also been part of the organisation’s involvement in some groundbreaking campaigns such as people’s Right to Information...
More »Let’s strengthen and not dilute the National Food Security Act -Himanshu
-Livemint.com * We must widen its coverage to feed the needy instead of letting subsidy reductions get the better of it * Subsidy reduction is a key aim of Niti Aayog’s proposal to reduce food-security coverage, but our subsidy level is not as high as it looks and the move could thwart efforts to achieve nutrition goals A recent discussion paper by the Niti Aayog has suggested a reduction in the coverage of...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
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