Bizarre are the ways of the government when it comes to managing, or mismanaging, the country’s food economy. On the one hand, it goes on mopping up bulk of the wheat and rice arriving in the mandis to build up its grain stocks, clearly to prevent foodgrain prices from falling below the minimum support price (MSP) level. On the other hand, it plans to offload 3 million tonnes of wheat...
More »SEARCH RESULT
Total Matching Records found : 1254
People need to chew more than govt can bite off by Priyadarshi Siddhanta
The empowered Group of Ministers on food security, scheduled to meet tomorrow, will have to walk a tightrope in trying to fulfill the ‘food for all’ promise made by the Congress party in its election manifesto. Not only is the government hamstrung by its inability to sustain procurement levels of of 50 million tonnes of foodgrains every year required to feed all poor — below poverty line (BPL) and above...
More »More rice, wheat for ration card holders by Sangeeta Singh and Sanjiv Shankaran
An empowered group of ministers headed by finance minister Pranab Mukherjee decided to release an additional 500,000 tonnes of wheat and rice every month for sale to ration card holders for the next six months, according to agriculture minister Sharad Pawar. The move is aimed at reining in prices and curbing inflation and will cost the government an estimated Rs2,000 crore. The group met on Wednesday to discuss foodgrain availability...
More »Parental guidance by Abhijit Banerjee
A couple of years ago a colleague came into my office with what he thought was a definite typographic error: “It says that India won only three medals in the Olympics; that cannot be right — there is a billion people in India.” I had to break it to him that this was actually the most medals India ever won in a single Olympic game. India has an average of...
More »Ensure long run for food coupons by Shanto Ghosh
SINCE THE RELEASE OF THE ECONOMIC Survey, 2010, in February, much has been discussed — but far less debated — on the issue of substituting India’s public distribution system (PDS) with a food coupon-based targeted subsidy programme to benefit the below-poverty-line (BPL) families. As a leading proponent of this programme, the economic adviser to the finance ministry, Kaushik Basu, has gone on record advocating the use of food coupons declaring...
More »
