-The Hindu The Shanta Kumar Committee's recommendations to unbundle the Food Corporation of India are in tune with U.S.-led demands raised in the World Trade Organization The Shanta Kumar Committee report, released last week, on a range of issues relating to procurement, storage and distribution of food grains is not only deeply flawed in its reading of the situation on food security, but also short on facts. It was prepared under the...
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Maharashtra cuts food subsidy for 1.7 cr people -Sandeep A Ashar
-The Indian Express Mumbai: Even as Prime Minister Narendra Modi announced Friday that his government won't cut subsidies for the poor, it has now come to light that the BJP-Shiv Sena government in Maharashtra has already silently discontinued the food subsidy for nearly 2 crore people in the state. According to sources, the Devendra Fadnavis government has decided to discontinue supply of subsidised food grains to 1.77 crore people who were...
More »Into the abyss? -Jitendra
-Down to Earth The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report The lot of the embattled Indian farmer only keeps on getting worse with the passage of time. In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of...
More »Cash transfers, the lazy short cut -Mihir Shah
-The Hindu Alleviating poverty in India requires not only cash transfers but also other enabling changes Advocates of unconditional cash transfers claim that they can be both emancipatory and transformative. They argue that people are quite capable of making rational decisions. And that this kind of basic income support can improve their lives. I have no quarrel with the claim that we must trust the poor. Such suspicion is part of an elite...
More »Revisiting rural indebtedness - CP Chandrasekhar
-Frontline The problem in rural India is not one of too much credit to poor households that leads to debt waivers that damage bank balance sheets, but one of inadequate access to credit from formal sources. IF Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the...
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