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Separate the wheat from the chaff by Pratik Kanjilal

The Supreme Court tells the government: "It's criminal to let food rot in a chronically hungry country. Give it away free to the poor." It could have added: "Have you no political sense? Have you not read Anandamath, or at least seen the movie?" And Manmohan Singh ticks it off for transgressing on policymaking — doesn't it know there's no such thing as a free lunch? He could have added:...

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Govt role must in land buys: Basu

Chief economic advisor to the finance ministry Kaushik Basu says the government should step in and acquire land for development projects to protect the interests of farmers. He also explains why the government cannot tackle food inflation by distributing free foodgrain among the poor. Excerpts from interview with ET: A large number of land-intensive project have run into opposition. Could it actually undermine our infrastructure thrust and growth? There is...

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Govt won’t budge on RTE: Sibal

Union Human Resources Minister Kapil Sibal on Monday said the Centre will not budge on provisions of the Right to Education Act (RTE) including the neighbourhood school concept. “There is no question of relaxing any provision. Poor students need an opportunity to study in schools in their neighbourhood,” Sibal told reporters here. The Union Minister was in the City to deliver the Vithal N Chandavarkar Memorial Lecture on ‘Empowerment through Education’...

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Daily minimum wages under MGNREGA hiked to 157

The state cabinet on Monday hiked the daily minimum wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) from the present Rs. 110 to Rs. 157 and approved the recruitment of 413 computer teachers. Briefing the media after the cabinet meeting, chief minister Digambar Kamat said that although the centre has fixed ` 110 as the minimum daily wages for people employed under the MGNREGA, it is not...

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The economics of food management by Harish Damodaran

Kaushik Basu proposes a new framework for release of foodgrains from government warehouses. Last year, official food inflation peaked at 21.05 per cent for the week ended November 28. Since then, it has eased — though the year-on-year rise of 10.86 per cent for August 21 is still in double-digit territory. Moreover, in absolute terms, the ‘food articles' index for the latest recorded week, at 303.3, is higher than the 296.1 level...

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