The empowered group of ministers (eGoM) recently decided on two important steps seen crucial for management of foodgrains. The first was the finalization of the National Food Security Act (NFSA) and, secondly, extending the term of the Nandan Nilekani committee to explore the possibility of introducing cash transfers for delivering food subsidy directly to the poor. Another linked decision was to allow exports of wheat and rice to international markets. The...
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Record output of foodgrains estimated; may dampen prices by Ruchira Singh
The government’s latest estimates show that foodgrain production in the crop year 2010-11 rose sharply by 10.75% to a record 241.56 million tonnes (mt), a move that could potentially have a dampening effect on inflationary expectations. The impressive increase led by wheat, maize and pulses is revealed in the final estimates for 2010-11, and is partially explained by the fact that 2009-10 was a drought year. The crop year extends from July...
More »Govt knocks off key provisions in Bill by Samar Halarnkar
New tensions are emerging between the government and its think tank, with the food ministry making major changes to a National Advisory Council (NAC) draft of a new law slated to become the blockbuster social-security scheme of the United Progressive Alliance (UPA) government’s troubled second tenure. Key provisions of the national food security Bill, 2011, due to be introduced in Parliament’s next session starting 2 August, and estimated to cost the...
More »Supreme corrective body? by TR Andhyarujina
Delivering the Setalvad Memorial Lecture, on April 16, Chief Justice of India S.H. Kapadia cautioned the judiciary against exceeding their judicial functions. His remarks are particularly relevant to the increasing tendency of judges of superior courts to issue directions to government, to correct and monitor government’s functions, and to even make policy decisions which are in the domain of government — as if there was no separation of functions between...
More »‘Benefits of growing economy must reach rural areas’
Ahmedabad : In a five-page concept note that will be further expanded and which is expected to guide the government policy during the 12th Five-Year Plan for the state, 10 senior academics have pointed out the areas of concern in rural parts of Gujarat. They have put forward a proposal before the state. The paper is a result of a meeting chaired by IRMA chairman Professor Y K Alagh on the...
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