The Empowered Group of Ministers (EGoM) on the Food Security Bill has decided to meet once again before releasing the much-awaited bill for public feedback. According to a highly placed official in the food ministry, the EGoM is yet to synchronise issues like the poverty estimate with the states, apart from taking a final call on the inclusion of the Above Poverty Line (APL) population in the proposed legislation. The meeting...
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Food coupons: The way forward? by T Nandakumar
THE government seems to be considering a new system to replace the present system of targeted public distribution system (TPDS) with food coupons or direct cash transfer. The ills that plague the present TPDS are well-known and well-documented. The two national surveys, one by Programme Evaluation Organisation of the Planning Commission and the other by ORG-Marg, both at the instance of the Union government, have identified the major problem areas...
More »Good wheat crop to ease inflation: Montek
A good wheat crop this season is likely to ease the near double digit inflation in the next 2-3 months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today. "This season very good harvest (wheat) is coming in. There is ample stock of foodgrain in the country. So the inflation psychology would be broken," Ahluwalia told reporters here. The wholesale price index (WPI) is currently nearing the double-digit mark, with the March-end...
More »Poverty of numbers
The cynics have a hierarchy on facts — lies, damned lies and statistics! But, modern economies live on numbers and economists love numbers. So, one must be deferential towards statisticians and statistics. Even so, India’s poverty numbers and their repeated re-engineering test one’s patience. It is possible to imagine that there would be as many estimates of poverty in India as there are estimates of it. So, one should not...
More »Government's food subsidy bill likely to double by Sreelatha Menon
Various estimates of the extra cost to the government for an improved food security Bill are doing the rounds, but many agree the Union government’s proposed food subsidy bill would double. The proposed Bill offers 25 kg per family per month at Rs 3 a kg, to only families below the poverty line, or about 84 million households. Activists are insisting this be raised to 35 kg a family and to...
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