To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...
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Boost investment to tackle price rise: Farmers tell FM
-The Economic Times Farm sector has sought reforms in supply chain infrastructure, rationalisation of subsidies, decentralised handling of foodgrain, and higher resources to farm productivity and ensure food security. Presenting its pre-budget wish list to the Finance Minister Pranab Mukherjee, a delegation of farmers and sector experts said there was a need to boost investment in farm sector to tackle food inflation. Farm sector growth is likely to be 3-3.5% in 11th...
More »Spreading anger by Niranjan Takle
Farmers in Maharashtra flock to a new breed of aggressive leaders Its name in Marathi means edge of the hill, but Dongarkada has no hill or mountain in its vicinity. What the village in Maharashtra's Hingoli district has is a cooperative sugar factory controlled by Congress leader Ashok Chavan. Though the Adarsh Housing Society scam rocked the state and forced him to resign as chief minister, the village remains loyal to...
More »False fears about food security
-Live Mint The National Food Security Bill (NFSB) has finally been cleared by the cabinet. While this should have been seen as an important step forward towards the objective of food security for all, the Bill has come under severe criticism for being too ambitious and disastrous for the economy. While some of these fictitious numbers are expected from the media, concerns have also been raised by senior government functionaries, notably...
More »FDI in Retail: Misplaced Expectations and Half-truths by Sukhpal Singh
The central government claims that allowing foreign direct investment into India’s retail sector will benefit small farmers, expand employment and lower food inflation. What has been the experience in India with organised retail so far and what has been the global experience with FDI? Sukhpal Singh (sukhpal@iegindia.org) is currently at the Institute of Economic Growth, Delhi. After being under relentless attack for a week, the United Progressiv Alliance government was forced to...
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