Rising food prices and economic crisis have eaten into the gains made by India and the world in reducing poverty during the first half of this decade, a United Nations report released on Wednesday said. "Newly updated estimates from the World Bank suggest the crisis will heave an some 64 million into extreme poverty by end of 2010, principally in sub-Saharan Africa and South Asia," the Millennium Development Goals, 2010 report...

It is the availability of adequate foodgrains to meet the mandatory requirements under the proposed National Food Security Bill that worries the government, not the enhanced subsidy such a move would entail. From what the government is planning it appears that the subsidies on petroleum products would go to meet the requirement of providing cheap foodgrains to the poor under the Public Distribution System (PDS) and to bring the Above...

The recent allegations made are uncalled for and can be seen as an attempt by bidders disqualified due to not fulfilling the tender requirements. Companies like Glodyne who have been crying foul did not even have an ISO certification to bid for the project and have failed miserably in states like Bihar to execute projects of nation building NREGA it took on. Other players included TCS and Aditya Birla Group...

One of the first issues the reconstituted National Advisory Council (NAC) will have to deal with is the proposed National Food Security Act (NFSA). Given the inability of the government to control food prices that remain unacceptably high and the scant regard the ruling United Progressive Alliance has shown for food security, it should be taken up on an urgent basis if the government is to preserve its credibility among...

Bowing to pressure from the political leadership of the Congress, the government will consider making food security universal, but at a higher price for the rich. Food security was an electoral promise of the Congress before the 2009 polls, but the initial draft of the Bill said that it would apply only to the poor. After Congress president Sonia Gandhi refused to accept the Bill in that form, an empowered group...