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Poor economics

The embarrassment of riches in grain stocks confronting the government is a problem of its own making. It is the product of ill-conceived policies on grain procurement, storage and distribution and mistimed decisions on opening and shutting of foodgrain exports. The grain stocks that have piled up as a consequence are far more than needed for any rational inventory and public distribution programme. Burgeoning food stocks pose problems of storage...

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Food subsidy bill shoots up by a whopping of Rs 34,738 cr by Prabha Jagannathan

The Centre's food subsidy bill, incurred mainly on account of reimbursemnet of economic costs to theFood Corporation of India for grain procurement, holding and transportation, has shot up by a whopping Rs 34,738 crore compared to the budgetary allocation for 2011-12. This is mainly due to government buys of a record foodgrain crop in the 2010-11 agricultural year (july-june).The original subsidy for the year was estimated at Rs 47,239.8 crore....

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P Sainath, Rural Affairs Editor, The Hindu and 2007 Magsaysay award winner interviewed by Pradeep Baisakh

P Sainath, Rural Affairs Editor, The Hindu and 2007 Magsaysay award winner, shares with Pradeep Baisakh his views on the POSCO project, Odisha farmers’ suicides and the National Food Security Bill You have visited Odisha quite often. How, in your view, has it changed in the last 20 years? Inequalities have increased massively. Earlier, we used to hire jeeps which were falling apart. Today, to go to Kalahandi, you have Innovas,...

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Farm IP, Enter WIPO by Latha Jishnu

Developing countries will now have to battle IP issues related to new agricultural technologies at WIPO instead of WTO The World Intellectual Property Organization has announced clearly that it intends to play a role—and considering the clout WIPO enjoys it implies a significant part—in promoting intellectual property (IP) in agriculture to enhance productivity. The UN body stepped into this touchy arena with a seminar at its Geneva headquarters that has gone...

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Urban poor, tribal welfare on NAC radar

-The Times of India   With the National Food Security bill out of the way, the Sonia Gandhi-led National Advisory Council (NAC) will now take up issues like urban poverty, especially the vulnerable groups, and reforms in the Panchayat (Extension to Scheduled Area) Act on a priority basis. Sources said the NAC had already begun consultation on reforms in the PESA. The Act, which has been lying largely in a limbo,...

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