Government sat on grain stocks while food prices shot up   In july 2008, when inflation rose to a 10-year high of 11 per cent and industry was hit by a range of factors, including economic recession, the Union government responded immediately. There were day-on-day monetary interventions. Since July 2009, inflation, as calculated by the prices poor consumers pay for their daily needs, has hovered around 11 per cent, again a 10-year...

A solution to the pulses and edible oils crisis is entirely within reach.  The state of India’s food security is worsening by the year. The cost of food items is increasing rapidly, making them unaffordable to a majority of the people. Added to these woes is the short supply of pulses and edible oils, which forces the Central government to import them. Pulses play a critical role in the diet of...

Recently there has been considerable media discussion about the issue of rise in prices of essential commodities and the problem of food inflation. In a country like India, where the cost of food forms major part of the monthly or daily expenditure incurred by an average family, this is a debate which acquires poignant significance. This is a government that came into power based on a concern for and commitment...

SOMETIMES, TO accentuate the intransigence of the present, one must revisit the past. So first, a flashback. The year is 2006. An ordinary November evening in Delhi. A slow, halting voice breaks into your consciousness. “How shall I explain? It is not a punishment, but my bounden duty…” A haunting phrase in a haunting voice, made slow with pain yet magnetic in its moral force. “My bounden duty.” What could...

FIVE HOURS’ bus ride from Kolkatta, just past the railway crossing at Beldanga, is a dilapidated concrete structure covered in half-torn posters variously advertising a Marxian utopia, films for red-blooded adults and bedroom advice for couples intent on children. Inside, in a tiny, dank room behind a desk, sits someone the Queen of England knows by name – and you should too. Lanky, awkward and at 16, the possessor of...