-First Post Sonia Gandhi wants the chief ministers of fourteen states in which the Congress party is in power to role out the food security scheme in letter and spirit, and in quick time. Some media reports suggest that the scheme will be rolled out on August 20, which also happens to be the birth anniversary of Sonia's late husband Rajiv Gandhi. While there seems to be a great hurry to launch...
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Grain stocking policy needs prompt overhaul
-The Economic Times It is scandalous that inflation in cereals remains above 17 per cent even as food grain stocks with the Centre are close to 80 million tonnes. The Committee on Agricultural Costs and Prices (CACP) paper estimates that the buffer stocking requirement would go up, thanks to the Food Security law, but not higher than 41.5 million as of July 1. The rest is excess. The government must sell off...
More »Much ado about little-TN Ninan
-The Business Standard Many myths surround the new 'food security' law Back in the 1980s, the government distributed an average of nearly 16 million tonnes of foodgrain each year through the public distribution system (PDS). The 1990s saw an increase in the PDS throughput to just over 17 million tonnes. The striking change came in the decade of the "noughties", which saw the annual figure climbing to around 20 million tonnes, then...
More »No food security in the time of disaster-Iftikhar Gilani
-DNA Ordinance promulgated by UPA rules out aid during calamities - natural or man-made. Even as the food security ordinance became part of the statute book after presidential assent on Friday, the Congress and government allayed fears of the law having any effect on the financial management of the country. Armed with figures, Congress chief spokesman Ajay Maken along with food minister KV Thomas explained that the scheme, which entailed merging of...
More »Food bill not to hurt coffers
-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...
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