The parliamentary panel on food and agriculture has recommended against sugar decontrol, claiming the move will go against the interest of farmers as well as consumers. The views of this panel, expressed in a report tabled in the Parliament yesterday, are not binding. “The committee is of the opinion that if the entire control on Manufacturing and distribution of sugar is removed, the PDS scheme will be adversely affected, as sugar...
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Poor storage not behind high food prices: Economic advisor - Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
More »Poor storage not behind high food prices: Economic advisor by Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
More »Parliamentary panel against sugar decontrol
The parliamentary panel on food and agriculture has recommended against sugar decontrol, claiming the move will go against the interest of farmers as well as consumers. The views of this panel, expressed in a report tabled in the Parliament yesterday, are not binding. “The committee is of the opinion that if the entire control on Manufacturing and distribution of sugar is removed, the PDS scheme will be adversely affected, as sugar...
More »That Growth Tangle
India's growth story in a crisis-hit world has been globally applauded. Still, the prime minister did well not to use his Independence Day address as a mere occasion for back-patting. This isn't yet "new India" where growth's gains percolate to every citizen. Not only must structural nuts and bolts be fixed before we get there, the economic blueprint itself needs a sharper reformist orientation. To its credit, the UPA has...
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