The recent spike in world food prices has further widened the gap between the developed and the developing economies. While, over 70 per cent of the world's population resides in poor countries, it has access to less than 40 per cent of the world's resources such as water, irrigated land, power, etc. This is a result of inconsistent economic progress (post-colonialisation birth pangs), rampant population growth and distractions such as...
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Rust in the bread basket
A crop-killing fungus is spreading out of Africa towards the world’s great wheat-growing areas IT IS sometimes called the “polio of agriculture”: a terrifying but almost forgotten disease. Wheat rust is not just back after a 50-year absence, but spreading in new and scary forms. In some ways it is worse than child-crippling polio, still lingering in parts of Nigeria. Wheat rust has spread silently and speedily by 5,000 miles in...
More »Prof. Suresh Tendulkar interviewed by Pooja Suri and Amiti Sen
Suresh Tendulkar created a flutter among policymaking circles when a committee led by him raised the estimate for poor households in the country to 74 million from the Planning Commission estimate of 65.2 million. The former chairman of the Prime Minister’s Economic Advisory Council explained why his numbers are more credible in an interview with ET’s Pooja Suri and Amiti Sen. Excerpts: Why did your committee decide to accept the...
More »Ensure long run for food coupons by Shanto Ghosh
SINCE THE RELEASE OF THE ECONOMIC Survey, 2010, in February, much has been discussed — but far less debated — on the issue of substituting India’s public distribution system (PDS) with a food coupon-based targeted subsidy programme to benefit the below-poverty-line (BPL) families. As a leading proponent of this programme, the economic adviser to the finance ministry, Kaushik Basu, has gone on record advocating the use of food coupons declaring...
More »Food Act may cost govt Rs 63k cr every year by Rajeev Deshpande
If Planning Commission deputy chairman Montek Singh Ahluwalia’s indication that 35 kg of foodgrain a family and the Tendulkar committee estimate of 8.3 crore BPL households could be the basis of the national food security Act, then the government’s bill adds up to a staggering Rs 63,750 crore a year. At 25 kg a BPL family, it is slightly less at Rs 54,200 crore, which is roughly the food subsidy...
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