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Why the food security Bill will not boost foodgrain consumption for the poor -Arvind Panagariya

-The Times of India So much has already been written on the food security Bill that there would seem to be no justification for another column on it. Yet, a recent look at some consumption data has convinced me otherwise. How the food security Bill impacts people's lives ultimately depends on the effect it will have on the consumption basket of the beneficiaries. If you believe in serious analysis over flag waving,...

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Slash subsidy, raise prices of diesel and LPG: Economic Survey

-PTI Claiming that the "downturn is more or less over", the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said "...the overall economy is expected to grow in the...

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One more step towards food security-Himanshu

-Live Mint Parliamentary committee’s proposals on the food security Bill are an improvement over the original The standing committee of Parliament, set up to examine the National Food Security Bill (NFSB), has finally given its recommendations. With this, the Bill has moved one step closer to seeing daylight. The recommendations, which are not binding on the government, will now be considered by the Union cabinet before being put to vote in Parliament.   The...

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The Case for Direct Cash Transfers to the Poor-Arvind Subramanian, Devesh Kapur and Partha Mukhopadhyay

The total expenditure on central schemes for the poor and on the major subsidies exceeds the states' share of central taxes. These schemes are chronic bad performers due to a culture of immunity in public administration and weakened local governments. Arguing that the poor should be trusted to use these resources better than the state, a radical redirection with substantial direct transfers to individuals and complementary decentralisation to local governments...

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A Bill that asks too much of the poor-Jean Drèze & Reetika Khera

-The Hindu Instead of rigid targeting, the government must build on the success of the public distribution system which is quietly becoming a significant means of social support In earlier writings, we have drawn attention to the quiet revival of the public distribution system (PDS) in many States during the last few years. Market prices of PDS commodities — mainly rice and wheat — have sharply increased, giving people a much greater...

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