The 'Food Security' Bill falls flat as its content does not match its aspirations A disconnect runs through the nomenclature, preamble, objectives and content of the National Food Security Bill, 2011. The Preamble goes beyond the Title and states that the Bill provides “for food and nutritional security in human life cycle approach, by ensuring access to adequate quantity of quality food at affordable price….” Even on cursory reading, it is...
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In whose welfare?-Gaurav Choudhury
One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...
More »Budget 2012: Farce of food subsidy being played out again-Nidhi Nath Srinivas
The UPA-II has used the Budget to again play politics with hunger. But it has paid no heed to the ticking time bomb of growing social tensions as 58 million Indians living off agriculture slide deeper into poverty. The Economic Survey says more than half the population is dependent on a sector whose share in the economy is shrinking. The urban-rural income divide is therefore steadily widening, a tinder box that...
More »Kudankulam nuclear plant gets Jaya go-ahead
-The Times of India With Tamil Nadu CM J Jayalalithaa giving the nod for the Kudankulam nuclear power plants, Russia said that it was going to send its scientists to the site on Tuesday to start commissioning work for the first unit of the reactors. Russian officials in India said that Moscow stood vindicated by Jayalalithaa's decision to back the reactors that couldn't be commissioned last year because of sudden protests...
More »Global food prices seen falling as demand growth slows: FAO
-Bloomberg World food prices will drop this year as increase in unemployment in developing and developed countries slows growth in demand, the United Nations said. “We have started to see a decline in food prices,” Jose Graziano da Silva, director general of the UN’s Food and Agriculture Organisation, said at a conference in Hanoi on Thursday. World economic expansion will slow to 3.3% this year from 3.8% in 2011, according to the International...
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