Despite recording robust economic growth over the last couple of decades and spending thousands of crores of rupees on subsidising foodgrain and other programmes aimed at improving the nation’s social indicators, India ranks a low 67 among 84 countries on the Global Hunger Index, 2010. The country has actually dropped two levels since last year on the index published jointly by International Food Policy Research Institute (IFPRI), Welthungerhilfe and Concern...
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Sharp hike in MSP for pulses proposed
Higher support prices for kharif pulses has resulted in a sharp jump in acreage under cultivation and production is estimated to rise to 6 million tonnes in the kharif season of the 2010-11 crop year The support price for wheat is likely to be hiked by a nominal Rs 20 in the rabi season, but the procurement rate for pulses could go up sharply, as the government wants to reduce dependence...
More »Spiralling food prices burning holes in pockets by Aditya Raj Das
As the common man continues to reel under the spiraling rise in prices of essential commodities especially key food items and vegetables the forever-rising food inflation is posing a serious challenge to policy makers. Though top government officials, including the Finance Minister and the Chairman of the Planning Commission have repeatedly assured that the food prices will soon stop rising, in reality it has gone the other way. The rising spree...
More »Higher state support price drives farmers to increase land for pulses by Prabha Jagannathan
The higher purchase price announced by the government has finally driven farmers to set aside more land for pulses this kharif, but experts doubt the approach can fill the increasing gap between demand and supply of this increasingly important source of protein for Indians. In the short-term though it could help reduce imports of pulses, running into thousands of crore every year. This year the acreage for pulses is pegged...
More »Keynes-Hayek dilemma by KP Prabhakaran Nair
With more than 400 million Indians going to bed hungry each day, food security has become a crucial issue. On June 4 last year, the president made an announcement: “My government proposes to enact a new law — the National Food Security Act — that will provide statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban...
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