The Planning Commission has offered an objective assessment of the unsatisfactory situation as far as Indian agriculture is concerned in its mid-term appraisal of the 11th Five-Year Plan. The commission has done well to remind us that the farm sector is still subject to strangulating controls that dissuade private investment in key areas, including logistics and storage. The government’s agricultural pricing policies, which have rendered minimum support prices (MSPs) the...

Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of social justice. Excerpts: A common...

I want you to consider some well-known, oft-repeated facts: * About half of India’s children are malnourished, a record poorer than the world’s poorest area, sub-Saharan Africa. * India is home to a quarter of the world’s hungry — about 230 million people — according to the World Food Programme. * India is the world’s second-largest grower of rice and wheat, and more than 50 million tonnes of foodgrains lie in...

Members of the Right to Food Campaign on Monday “rejected'' the proposed draft of the National Food Security Bill that promises 25 kg. of food grains to each Below Poverty line population family a month at Rs. 3 a kg and urged Prime Minister Manmohan Singh to come up with a bill that covers every adult resident of the country under the Public Distribution System (PDS). “Nothing short of a universal...

The central vigilance committee led by retired Justice D. P. Wadhwa, which was established by the Supreme Court of India to monitor its orders in the PIL on the right to food, has come out with a strong indictment of the public distribution system (PDS). Based on State-level reports for Delhi, Orissa, Bihar, Jharkhand, Uttarakhand, Rajasthan, Gujarat, and Karnataka, the committee has identified widespread corruption at different levels of the...