Why is every fourth Indian hungry? Why is every third woman in India anaemic and malnourished? Why is every second child underweight and stunted? Why has the hunger and malnutrition crisis deepened even as India has nine per cent growth? Why is “Shining India” a “Starving India”? In my view, hunger is a structural part of the design of the industrialised, globalised food system. Hunger is an intrinsic part of the...

Pranab Mukherjee, India’s finance minister, put the rural economy at the heart of a national budget on Monday, saying ridding the farm sector of crippling supply bottlenecks would be his “focus” in the coming fiscal year.A market-neutral budget supporting agriculture, welfare schemes and the extension of banking services to more people was designed to dispel any sense that the Congress party-led government was in drift after a series of high...

People living below the poverty line will receive cash as subsidies and the process will start by March 2012, Finance Minister Pranab Mukherjee said in his general budget speech on Monday. "The government will move towards direct cash transfer to people living below poverty line in a phased manner," Mukherjee said in his budget presented to the Lok Sabha. A committee under Unique Identification Authority of India chairman Nandan Nilekani will be...

Budget 2011-12 marks a sharp retreat of the government from the social and economic sectors. It has cut back expenditures in sectors that matter to common people, especially the poor. On the other hand, it has given huge concessions to the corporate sector in the form of tax cuts and exemptions. Let us take the overall fiscal stance of the budget. The underlying strategy is to reduce its fiscal deficit to...

One of the big surprises in the 2011-2012 budget was that spending on the country’s landmark rural employment program remained flat, disappointing activists who see it as a way of redressing growing wealth disparities. The program has since 2006 guaranteed 100 days of work a year for unskilled laborers to build rural infrastructure like irrigation ditches and roads. The Congress party has made the program, known as the Mahatma Gandhi National Rural...