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It simply can't fail-Abhijit V Banerjee, Pranab Bardhan, Ashok Kotwal, Milind Murugkar & Bharat Ramaswami

The National Food Security Bill has the potential to make a significant difference to the lives of the poor if properly implemented. However, the Bill in its present form has some easily correctible flaws that could cause huge problems in the future. A couple of simple amendments would greatly simplify the implementation and also allow innovation in the delivery of food subsidy. First, the proposed framework based on three categories of...

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Burdened with bumper crop by Sayantan Bera

Faulty procurement, rising farm inputs force West Bengal farmers to commit suicide LONG known as farmer friendly, West Bengal is now making headlines for farmers’ suicides. Reportedly 31 farmers, including landless farm labourers and small traders of agriculture produce, in the state took their lives between October last year and January. Twenty-one of the 31 deaths are from the state’s rice bowl Burdwan district. And this is probably a reason the spate...

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Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta

Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...

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Silent Report by Prabhat Patnaik

In a report released on January 30, and covered by the world’s press the next day, the United Nations has warned of a severe resource crisis that would overtake the world if current trends persist. A growing population and a rise in the number of middle-class consumers will increase the demand for resources so rapidly that even by 2030 the world will need at least 50 per cent more food,...

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Last straw on the fisc back by Soumya Kanti Ghosh & Rajiv Kumar

The huge expenditure on the food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...

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