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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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Food security: SC punches holes in Plan panel figures

-The Indian Express   Any common man with a little common sense can understand that a person cannot afford to consume 2,400 calories on an average income of Rs 20 or Rs 10 per day, the Supreme Court said on Friday, raising doubts about the government’s norms for providing food security to vulnerable sections like the Below Poverty Line (BPL) population. Justices Dalveer Bhandari and Deepak Verma said the Planning Commission’s calculation...

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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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Global food inflation to return after brief respite

-Reuters   Red-hot food inflation that has vexed policy makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already made up half of June's losses. The sell-off masked an unnerving reality: The world remains...

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Work Balance? by Pragya Singh

Casual work, self-employment still rule Q&A Why are fewer women working? Education schemes and higher wages of men are keeping them home for longer. Why is casual work growing? The biggest employment scheme, NREGA, employs casual workers. Why is self-employment down? The least-paying jobs in the self-employment sector are worse than NREGA entitlements. *** The latest official figures on employment say this: a typical Indian worker is male, starts working in his mid-20s, is presumably better educated than...

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