UNLESS THE prices of vegetables skyrocket and become a scandal — as they have over several weeks now, or as did the price of sugar last year — little in the out-of-sight world of Indian agriculture excites the imagination of the city folks, who influence, rather disproportionately, everything from government policies to newspaper content. Few of those who enjoy a hearty meal and wax lovingly on their favourite dishes can...
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National Food Security Bill to be vetted by Law Ministry by Gargi Parsai
The Empowered Group of Ministers that met here on Thursday has advised the Union Food Ministry to get the National Food Security Bill vetted by the Law Ministry before placing it in the Union Cabinet for approval. The proposed Bill envisages provision of 25 kg. of wheat or rice to BPL families at Rs. 3 per kg per month. However, despite burgeoning wheat stocks, the EGoM chaired by Union Finance Minister...
More »EGoM likely to clear draft food security Bill tomorrow
An empowered ministers' panel meeting tomorrow is likely to take some decisions to tackle price rise and finalise the draft Food Security Bill, which seeks to give the poor the right to get rice and wheat at Rs 3 per kg. The empowered group of ministers, headed by Finance Minister Pranab Mukherjee, is scheduled to review the minimum export price (MEP) for Basmati. In the face of high food inflation, the...
More »Guaranteeing unemployment
It is true that, at 119 crore person-days, the employment created this year by the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), the government’s flagship programme, is tiny, a fraction of one percentage point of the total employment in the country. But a more meaningful way of looking at its potential impact, however, is to see that around half the country’s workforce has registered for a job under it...
More »Danger of inflation by CP Chandrasekhar
WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...
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