Accelerating the process of framing a National Food Security Bill, Prime Minister Manmohan Singh on Tuesday convened a high-level meeting with his senior Cabinet colleagues to discuss aspects of the Bill and the recommendations made by the National Advisory Council (NAC).At the centre of the discussions was a letter written by NAC chairperson Sonia Gandhi to the Prime Minister on merging the Rural Development Ministry's exercise for identification of the...
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Anatomy of Indian capitalism by Himanshu
Ratan Tata has initiated an interesting debate on the nature of India’s capitalist class. His characterization of this class as crony capitalists may not be out of place given recent evidence on a politics, media, judiciary and corporate nexus.Crony capitalism is a system in which businesses multiply their wealth not by fair rules of the market, but through their nexus with governments. Classic examples are the distribution of legal permits,...
More »Cry to end Kyoto Protocol rises in Cancun by Jayanta Basu
A death threat to a historic 13-year-old international treaty on climate change that surfaced last year appears to have intensified and may stall progress at the UN climate change talks here in this scenic Mexican city. Several industrialised countries are opposing the continuation of the Kyoto Protocol, the 1997 treaty that had set legally binding targets only on industrialised countries for the reduction of emissions of greenhouse gases up to the...
More »House panel seal likely for 11.5cr BPL count by Rajeev Deshpande
The Manmohan Singh government's options on keeping a check on the bill for the proposed National Food Security Act (NFSA) may shrink further with Parliament's standing committee on finance likely to endorse the states' tally of BPL families pegged at 11.5 crore. The highly contentious issue of enumerating the poor has seen the government differ with the Sonia Gandhi-led National Advisory Council (NAC), which originally considered universal PDS but later curtailed...
More »Dr MS Swaminathan, NAC member and the father of India's Green Revolution interviewed by Rupashree Nanda
Dr MS Swaminathan, NAC member and the father of India's green revolution talks to Rupashree Nanda on the food security legislation, the neglect in creating storage infrastructure and ideas like outsourcing food security issues. Rupashree Nanda: The main reason for the NAC climb down from the promised universal PDS to targeted PDS was the stated non - availability of foodgrains. Would you agree to that argument? Isn't there is not enough...
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