-First Post Sonia Gandhi wants the chief ministers of fourteen states in which the Congress party is in power to role out the food security scheme in letter and spirit, and in quick time. Some media reports suggest that the scheme will be rolled out on August 20, which also happens to be the birth anniversary of Sonia's late husband Rajiv Gandhi. While there seems to be a great hurry to launch...
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I don’t like brawls: Amartya
-The Telegraph Kolkata: Two books by celebrated economists have set the stage for an absorbing growth battle. Columbia University professor Jagdish Bhagwati and Nobel laureate Amartya Sen want the same end - a better India - but the means they prescribe sound different. If Bhagwati prescribes economic growth led by the markets and overseen and encouraged by liberal state policies, Sen believes growth cannot be an end in itself without government effort to...
More »India’s dysfunctional public health system
-Live Mint The country is a happy hunting ground for communicable diseases In a Mint article last week, economist Dean Spears pointed out that the double whammy of high population density and unsanitary conditions in India stunts the growth of children, who bear a disproportionate burden of infectious diseases and lose their ability to absorb nutrients. Unless India ramps up its public health system, providing extra food will mean little for...
More »Food Security Bill to partly hurt ongoing recovery; 1QFY14 earnings in focus
-The Economic Times MUMBAI: The Union Cabinet this week passed an ordinance to implement the National Food Security Bill (NFSB). The bill guarantees legal entitlement of food grains at a subsidised price to ~67 per cent of India's population. The ordinance will come into effect immediately once it is signed by the President. But it also needs to be approved by both the houses of Parliament in the monsoon session within six...
More »A food security ordinance that will stimulate food inflation is passing strange
-The Times of India The Parliament's monsoon session is only about a month away. That the Union cabinet has yet taken the ordinance route to implement the national food security Bill signals the scam-tainted UPA government's desperation to woo voters before the next general elections. But the hope that expanding what is already one of the world's largest food security programmes will boost political fortunes is hallucinatory. The exchequer is already...
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