The heat generated by the high food inflation may force the government to go slow, or even drop, some of its key proposals to open up the country's food and fertiliser sectors, experts say. Decontrolling sugar and urea and freeing up some farm exports are some of the proposals the government may not touch in the coming days, they say. The proposal on foreign direct investment in multi-brand retail may also...
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Going against the grain by Reetika Khera
The National Advisory Council (NAC) had been widely credited with framing three pro-people legislations — the National Rural Employment Guarantee Scheme (NREGS), the Right to Information (RTI) and the Forest Rights Act — under the UPA 1 government. So when NAC 2 began discussions on the Food Security Act in mid-2010, expectations were high. The initial vision of an act with a universal public distribution system (PDS), extensive children's entitlements...
More »Emerging Nations Tackle Food Costs by Eric Bellman and Alex Frangos
Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...
More »Food crisis depicts marginalisation of the poor by Vikram Doctor
Everyone agrees that there is a food crisis. As ordinary members of the public we know there’s one every time we go out shopping for vegetables. My mother knows there’s a crisis because, after recently sacking her cook, she discovered the lady had left with all the onions in the house. The media agrees there’s one, and sends more TV crews to talk to onion farmers, even though the TV reporters...
More »NAC won't give in, takes battle into public domain by Smita Gupta
The Sonia Gandhi-led National Advisory Council has decided to take its battle with the government on the now-controversial issue of food security into the public domain. Eight days after the Rangarajan panel, appointed by Prime Minister Manmohan Singh, rejected its recommendations on food security, the NAC has decided to dig in its heels, reflecting, council sources said, “Ms. Gandhi's determination to go ahead.” Indeed, on Friday, the NAC, at its ninth...
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