I was awakened early one morning recently by someone who said he was enormously enjoying my on-going debate on economic growth in India. I was very pleased that I had given someone some joy, but I also wondered what on earth he could be talking about, since I have not been involved in any such debate. As it happens, I am getting a steady stream of telephone calls and electronic...
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Govt likely to bring millet, fodder under food security mission by Sanjeeb Mukherjee
Buoyed by its success in increasing pulses production in India through effective implementation of National Food Security Mission (NFSM), the government is likely to bring production of millet and fodder under the mission’s ambit in the forthcoming Budget. The programme which will be on the lines of accelerated pulses production programme (A3P) is expected to be operationalised in the next one year. Officials said this programme, which would be part of NFSM...
More »Droughts, Floods and Food by Paul Krugman
We’re in the midst of a global food crisis — the second in three years. World food prices hit a record in January, driven by huge increases in the prices of wheat, corn, sugar and oils. These soaring prices have had only a modest effect on U.S. inflation, which is still low by historical standards, but they’re having a brutal impact on the world’s poor, who spend much if not...
More »NAC: PM's panel got its Economics wrong by Nitin Sethi
The Prime Minister-appointed Rangarajan Committee reviewing the draft food security bill has got its Economics and logic wrong, a majority of members on the National Advisory Council has said as part of a draft report. Ready to take on the PMO, the council is nearing finalization of the report that will point out errors in the Rangarajan report and defend the NAC's food security bill. The rebuttal is bound to...
More »Palaniappan Chidambaram, Indian Home Minister interviewed by Amol Sharma and Paul Beckett
Indian Home Minister Palaniappan Chidambaram is the nation's domestic security chief, overseeing a broad portfolio that includes battling a homegrown Maoist insurgency and routing out terrorists. The 65-year-old, a veteran of the ruling Congress Party who previously held senior economic posts and played a key role in the country's post-1991 liberalization, is considered a future contender for the post of prime minister. Recently, he spoke to The Wall Street Journal. Here...
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