It was bad enough that the National Advisory Council in its recommendation of October 2010 proposed a food security Bill that diluted the principle of a universal right to food. It is appalling now that the C. Rangarajan Committee seeks to truncate that proposal, and legally establish a narrowly targeted public distribution system on the grounds of feasibility. Their argument is a false argument for more reasons than one. First,...
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High global food prices but local solutions? by CRL Narasimhan
The problem is all pervasive as the prices of almost all food items have been rising In a scenario that is all familiar in India and for that matter in many other countries too, rising food prices have become an extremely sensitive issue with major political and social ramifications that go well beyond the economic ones. Not that the economic consequences are unimportant. From the macroeconomic management point of view, rising food...
More »Inflation row heats up across India
Reeling under the SPIRaling prices of essential commodities, locals and activists from regional factions staged agitations in several parts of the country to protest the perceived inability of the central government in tackling inflation. The simmering row over inflation boiled over in Agra as activists of regional Samajwadi Chhatra Sabha (SCS) vented their ire through a unique demonstration. Shouting slogans, the student activists traversed the streets of Agra on bullock and horse...
More »Demand-supply gap responsible for inflation, says Pawar by Vikas Sharma
Union Agriculture Minister Sharad Pawar, while admitting inflation was a cause for concern, attributed the upward trend to the gap between supply and demand. Pawar was speaking to reporters after inaugurating the Centre of Excellence for vegetable, under the Israel-India cooperation in Agriculture. Pawar maintained while the production of a few commodities was increasing, the demand was invariably surpassing the supply, leading to inflation in prices. He maintained the government was looking to...
More »Journalists in 2G tapes will face PAC: Joshi
Journalists, whose names have cropped up in the 2G scam tapes, will face the Public Accounts Committee, PAC chairman Murli Manohar Joshi has said. Joshi, in an interview to Aaj Tak, said, "Editors and senior journalists who have incriminated themselves in a way on the 2G scam tapes will be summoned by the PAC", Joshi said. He added that the telecom scam had caused huge losses to the exchequer and that if...
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