-The Business Standard Govt's unbalanced food policy has disastrous results Consider the following discrepancies in the farm sector. The country is now the world’s largest exporter of rice, a crop grown with huge quantities of scarce water and heavily subsidised fertilisers. At the same time, it is the leading importer of pulses, which require very little water to grow and fortify the land with nitrogen to reduce the fertiliser need even...

-The Indian Express The Parliamentary Standing Committee examining the National Food Security Bill is considering to recommend to the government to do away with the categorisation of “general” and “priority” (similar to the below poverty line) households in the legislation and provide uniform food guarantee to 75 per cent of the rural population and 50 per cent of the urban population. Keeping in mind the fiscal implications, the committee is likely to...

-The Financial Express Notwithstanding ‘serious differences’ among its members, a parliamentary panel reviewing the National Food Security Bill, 2011, will submit its report to the Lok Sabha Speaker on Wednesday. The government aims to introduce the Bill in the forthcoming Budget session of Parliament. FE had reported last month that the panel would submit its report by mid-January. The 31-member panel, chaired by Lok Sabha MP Vilas Muttemwar, had been examining the Bill...

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

-Outlook The agriculture sector witnessed record foodgrains output of 257.44 million tonnes in this year enabling the country to become world's largest rice exporter for the first time, but the monsoon played spoilsport dashing farmers' hopes of an encore in 2013. A hefty increase of Rs 1 lakh crore in farm credit target to Rs 5.75 lakh crore was a major highlight for the sector in 2012, while the continuing farmers suicide...