Next time you help yourself to some sea food, you could be helping save the planet. Agricultural experts believe that in the wake of rising sea level and shrinking cultivable land in the country due to climate change, sea could be the key to ensuring food security. "The rising sea has eaten away lands, especially farmlands. In fact, large tracts of farmlands in the coastal belt of the state, especially...
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Singh recipe to fight price rise
Prime Minister Manmohan Singh today asked states to waive local taxes, including octroi, as well as reform the outdated Agriculture Produce Marketing Committee Act, or Mandi Act, to help control a runaway food inflation. The Prime Minister also called for dovetailing organised retail chains with farm supply chains. “Supply chains need to be strengthened and these need to be dovetailed with organised retail chains for quicker and more efficient distribution of farm...
More »It’s the fisc
While monetary policy is an important element of the artillery against inflation — and with the 25 basis point hike, the RBI did part of what it was expected to do to tighten policy — there is the fiscal task too. As Raghuram Rajan, adviser to Prime Minister Manmohan Singh, points out, the Centre must control expenditure, cut subsidies and not start new spending programmes. Fiscal deficits are large and rising...
More »Transfer ideas
Even as the National Rural Employment Guarantee Act enters its sixth year, Bihar Chief Minister Nitish Kumar said in Delhi on Thursday that cash transfers were the answer to the eternal questions about inefficiencies in government schemes. He had tried out direct cash transfers in his effort to give Bihar’s girls bicycles, he said, and discovered that the programme had a “92 per cent success rate”. No programme, he said,...
More »Diluting the Right to Food by CP Chandrasekhar
The promise made by UPA II that it will ensure food security for Indians through legislation that guarantees the Right to Food seems, in its view, to have been an error. In a multi-stage process that reflects the pulls and pressures within the policy-making elite, the Food Security Bill has been diluted so much that it marks a reversal rather than an advance compared to the status quo. Let us...
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