-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...
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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...
More »The politics of cheap rice in Karnataka -ND Shiva Kumar & Narayanan Krishnaswami
-The Times of India With the state budget all set to be presented on July 12, TOI takes a hard look at the government's cheap rice scheme and its impact on politics and employment. Will cheap rice boil? Let's look at the math. Reducing the price from Rs 3 to Re 1 per kg will help a family save Rs 60 per month. Till now, poor families got rice from the Public Distribution...
More »Cabinet clears food security via ordinance
-The Times of India NEW DELHI: The Union Cabinet on Wednesday cleared an ordinance to implement the politically significant national food security bill without waiting for Parliament's monsoon session that is about a month away. The decision to press ahead with the ordinance - delayed after the government sought to enlarge political support for the bill - is rooted in Congress's determination to project commitment to food security as an key aspect...
More »More than cereals
-The Business Standard UN report shows holes in govt's food security proposal The United Nations' Food and Agriculture Organisation (FAO) has worked out the cost of malnutrition to the world economy: about five per cent of its annual gross domestic product, or $3.5 trillion, in terms of foregone production and health expenditure. Even more important is the FAO's assessment of potential gains from investment in enhancing the nutritional standards of the population....
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