-The Economic Times Nothing can be more ironic than to have food inflation at 18% (August 2013 over last August) in a country that takes pride in enacting the National Food Security Act (NFSA) and bestowing "the right to food" to 67% of its population by promising 5 kg cereals per capita per month (pcpm) at highly subsidised rates. Given that cereals consumption is 10.7 kg pcpm, people will have to face...
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No drinking water, electricity and sanitation in 20% of rural houses: Report
-The Times of India One in five rural households has none of three basic facilities - drinking water, electricity and sanitation - while only about 18% have access to all three. The India Rural Development Report 2012-13 released by Jairam Ramesh on Thursday also shows that while rural poverty has reduced significantly from over 40% to just 26%, there is large variation in poverty reduction between regions, districts and social classes...
More »Doing a number on FSB-Ashok Kotwal, Milind Murugkar and Bharat Ramaswami
-The Financial Express In an article published in this newspaper on September 4, 2013, Surjit Bhalla takes us to task for critiquing his earlier estimates of the cost of the Food Security Bill. Bhalla asserted that subsidy expenditures would more than triple and the FSB would cost the government R3,14,000 crore annually or 3% of GDP. We argued that Bhalla was barking up the wrong tree and that the main things...
More »Green Revolution may not have been that revolutionary: Data -Rema Nagarajan
-The Times of India The Green Revolution is said to have revolutionised agriculture in India and helped the country achieve self-sufficiency in food production. However, government data shows more or less the same rate of growth of yields for various crops from 1951 to about 1990 suggesting that the 'revolution' might not have been as momentous as it is believed to be. In the India Rural Development Report 2012-13, released on...
More »Missing jobs
-The Indian Express To address the crisis of rising unemployment, first fix labour laws. That there haven't been too many protests against the elevated levels of consumer price inflation for several years probably has to do with the number of jobs being created. While UPA 1 had a poor track record, and only 3 million new jobs were created between 2004-05 and 2009-10, National Sample Survey (NSS) data shows the situation improved...
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