A meticulously researched book by A. Vaidyanathan, Agricultural Growth in India: Role of Technology, Incentives and Institutions, is an illuminating scholarly work. Thinking about it one realizes the dismal and declining state of Indian agriculture and the poor governance at both Central and state government levels that has brought it to this sorry pass. A valuable compendium of data and analysis of Indian agriculture since Independence, it is a valuable...

Flaws In The PDS… Poor verification norms, over two crore bogus BPL cards Over 1.2 crore BPL families don’t have a ration card No monitoring, resulting in pilferage, gaps in delivery, poor quality foodgrains Poor profit margins a major cause for corruption Lack of information hinders benefits from reaching the poor …and the Solutions Base fair price shops on new business model The Centre takes ‘responsibility’ for delivery in states Make verification...

India may keep on hold plans to raise prices of subsidised food grains for welfare schemes to cut its subsidy bill, unwilling to take an unpopular step when inflation remains high, a government source said on Thursday. The senior food ministry official, who did not wish to be identified, told Reuters the proposal was before the Union cabinet and “seems to be put in abeyance for the moment”. He was responding to...

Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of social justice. Excerpts: A common...

The draft food security bill studiedly sidesteps the real problem An offending official disconnect with the hungry millions of India has been perpetrated by the very group aiming to improve their lot. In the minutes of its meeting of March 12, the empowered Group of Ministers, which cleared a draft food security bill for consideration of the Union cabinet, recorded this audacious passage: “The definition of food security should be limited...