The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....

The National Rural Employment Guarantee Act (NREGA) may have revolutionised rural households in more ways than one but on the flip side the UPA government’s flagship scheme has affected agricultural production. Reports on the “negative influence” of NREGA have poured in from every nook and cranny of Meghalaya though the scheme aims to enhance the livelihood and security of people in rural areas by guaranteeing 100 days of wage-employment in a...

The Election Commission has started a sample survey in five poll-bound states to get an idea of voter attitudes and clear misconceptions to ensure greater turnout at booths. The exercise, being conducted by state chief electoral officers, will be completed within the next three or four weeks before elections are notified in Bengal, Assam, Kerala, Tamil Nadu and Puducherry. Commission official Akshay Rout said a similar survey had been conducted in the...

There comes a moment in the life of a nation when small differences of opinion are responsible for missing a historic opportunity that the nation may come to regret forever. The regret is greater when realisation strikes later that what seemed like irreconcilable differences could have been easily bridged with a little foresight. We are in such a moment now. The Food Security Bill is a bold measure of historic importance...