India has missed a historic opportunity to abolish hunger through a universal public distribution system (PDS), which entitles all citizens to affordable food. The National Advisory Council (NAC), a progressive body established by the United Progressive Alliance, was to draft such a law, but has recommended a Bill which greatly reduces the public's entitlements. This is a setback. India's annual per capita cereal consumption has fallen to 174 kg, lower than...
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Rural reality by CT Kurien
A meticulous study of the agrarian relations in three villages. ONE of our senior sociologists once drew my attention to the distinction between economics and other social sciences. Other social sciences – sociology and anthropology, for instance – he said, pay a great deal of attention to gathering primary data and interpreting them, whereas economics relies on secondary data for its analysis. This is, to a large extent, a fair...
More »The muddle in food security by Himanshu
NAC’s retrograde proposals fall short of creating a meaningful vision of food entitlement in the country The National Advisory Council (NAC) has finally come out with its proposals for the National Food Security Act. After months of deliberations within itself and with various government departments, the proposals will form the basis of the Act to be introduced in Parliament. However, a quick perusal of the proposals suggests that not only has NAC...
More »India world's second largest tobacco user: Report
Union health minister Ghulam Nabi Azad called for a "jihad" against tobacco use after a report released on Tuesday identified India as the world's second largest consumer of tobacco. An estimated 274.9 million Indians consume tobacco, the first Global Adult Tobacco Survey said. Nearly 0.9 million tobacco-related deaths occur in India annually as compared to 5.5 million world wide. India is also the world's third largest producer of tobacco, the report added. "A...
More »MFI interest rate on loans likely to be capped at around 24 pc by Mashusudan Sahoo and George Mathew
Interest rates on loans from microfinance institutions (MFIs) are likely to be capped at around 24 per cent. Currently, MFIs are charging 26-40 per cent on small loans extended to their rural customers — many of whom are yet to get even a bank account — while urban customers get personal loans at 12 per cent from commercial banks. Though neither the RBI nor the government has fixed any ceiling on...
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