The much-awaited National Food Security Bill, 2011, which makes cheaper foodgrains a legal entitlement to 63.5 per cent of the country's population, was tabled in the Lok Sabha on Thursday. The Bill was introduced by Food Minister K.V. Thomas in the presence of Congress president Sonia Gandhi, who has been keen on ensuring that the law is enacted. It seeks to “provide food and nutritional security by ensuring access to adequate...
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Government hides more than it reveals in the Food Security Bill by Gargi Parsai
The uncertainty over the Lokpal Bill has overshadowed an equally significant National Food Security Bill, which was cleared by the Union Cabinet last week and is to be introduced in the Lok Sabha on Thursday. The Bill has been in the eye of the storm over targeted coverage of beneficiaries as against universalisation in view of the immense ramifications for the aam aadmi , struggling with rising food prices. In the second...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
More »Bill provides for cost sharing with States by Gargi Parsai
The controversial targeted National Food Security Bill, which got the nod of the Union Cabinet on Sunday, is a pet project of United Progressive Alliance chairperson Sonia Gandhi. However, the recommendation made for near-universalisation by the National Advisory Council chaired by Ms. Gandhi, was set aside by the government. To be piloted by Minister of State (Independent) for Food and Public Distribution K.V. Thomas, the Bill will be introduced in the...
More »Food Security Bill may cost Rs 2 lakh cr annually by Shishir Sinha
The proposed food security Bill may cost Rs 2 lakh crore annually for the Government. The Cabinet is expected to reconsider this Bill on Monday. The Government aims to introduce this Bill in the ongoing session of Parliament. Earlier the annual cost was estimated at Rs 1-1.5 lakh crore, but a latest calculation by the Commission for Agriculture Costs and Prices (CACP) could show a higher outgo. The Finance Ministry allocated...
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