-The New York Times Blog The right to food is finally becoming a lively political issue in India. Aware of the forthcoming national elections in 2014, political parties are competing to demonstrate - or at least proclaim - their commitment to food security. In a country where endemic undernutrition has been accepted for too long as natural, this is a breakthrough of sorts. The rhetoric, however, is not always matched by understanding...

-The Economic Times It is scandalous that inflation in cereals remains above 17 per cent even as food grain stocks with the Centre are close to 80 million tonnes. The Committee on Agricultural Costs and Prices (CACP) paper estimates that the buffer stocking requirement would go up, thanks to the Food Security law, but not higher than 41.5 million as of July 1. The rest is excess. The government must sell off...

-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...

-The Indian Express India is at the point where a low income democracy cannot afford to ignore the hungry Is India's food security ordinance supportable? The debate has been vigorous. It will help to separate the questions of process from those of principle. Whether an ambitious scheme of this magnitude should have been brought in as an executive ordinance or as a new law after parliamentary debate, is basically a procedural question. It...

-The Times of India BANGALORE: Holders of fixed deposits have been earning a negative return in real terms for most of the preceding five years, thanks to inflation outstripping interest rates. To make matters worse, depositors continue to be taxed on this nominal income. Although bank fixed deposits have never been tax friendly, the level of compliance has been sketchy. But compliance is slowly getting stricter. In the past, RBI norms required banks...