Average per capita net availability of foodgrain declined in every five-year period of the 'reforms' without exception. In the 20 years preceding the reforms — 1972-1991 — it rose every five-year period without exception. The country's total foodgrain production is expected to touch a record 250 million tons this year (2011-12). Union Agriculture Minister Sharad Pawar PTI, February 17, 2012 Record foodgrain output of 235.88 million tons in 2010-11. Sharad Pawar, PTI, April 6, 2011 India's foodgrain...
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Budget 2012: Farce of food subsidy being played out again-Nidhi Nath Srinivas
The UPA-II has used the Budget to again play politics with hunger. But it has paid no heed to the ticking time bomb of growing social tensions as 58 million Indians living off agriculture slide deeper into poverty. The Economic Survey says more than half the population is dependent on a sector whose share in the economy is shrinking. The urban-rural income divide is therefore steadily widening, a tinder box that...
More »‘Inequality has gone up, notwithstanding dip in poverty'-K Balchand
Montek Singh says he is willing to revise poverty estimates on the basis of expert opinion Though the incidence of poverty has come down over five years from 2004-05 to 2009-10, it is a startling fact that inequality has increased, with fewer people controlling income. Union Planning Commission Deputy Chairman Montek Singh Ahluwalia admitted on Tuesday that income distribution was not at the desired level and inequality increased in both rural and...
More »Food bill threat to fiscal discipline
-The Telegraph Annual expenses for the government’s Food Security programme have been estimated at Rs 112,205 crore, which will make it very difficult for the government to fulfill its commitments on checking fiscal deficit. Food and consumers affairs minister K.V. Thomas disclosed the massive bill on the programme today in the Rajya Sabha, though no mention of this was made in Friday’s budget. Finance minister Pranab Mukherjee had just said he would foot...
More »Now, Planning Commission lowers the poverty line-K Balchand
The Planning Commission on Monday released the latest poverty estimates for the country showing a decline in the incidence of poverty by 7.3 per cent over the past five years and stating that anyone with a daily consumption expenditure of Rs. 28.35 and Rs. 22.42 in urban and rural areas respectively is above the poverty line. The new poverty estimates for 2011-12 will only add to the furore triggered by the...
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