Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...

Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...

How economically sustainable is food subsidy? The cost could even be double of what the government estimates Food deprivation and malnutrition are completely unacceptable and everything has to be done to eliminate such an evil. The prevalence of malnutrition in a country like India is in itself a cause for serious concern since malnourished children may jeopardise India’s favourable demographic dividend (as per independent estimates, close to 60 per cent of...

The peasants’ organisations of the four Left parties in West Bengal have called the Mamata Banerjee government “insensitive” to the plight of farmers and have decided to mobilise them to launch a campaign. The state government is already under fire from the farmers’ community for failing to procure paddy at the minimum support price (MSP) and provide jobs under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). The CPM’s peasants’...

The Supreme Court-appointed committee investigating illegal iron ore mining in Karnataka is tying up loose ends in Bellary district and will be submitting its final report early next month. The court's forest bench is to hear the case again on February 3.  The Central Empowered Committee (CEC), whose investigations prompted the Supreme Court to suspend mining in iron ore-rich areas of the state, affecting nearly a fourth of the country's production,...