The government is planning to come up with a price protection fund to cushion the burden of food subsidy, which is expected to grow manifold under the new Food Security Bill. The proposed fund, under the ministry of food and consumer affairs, is a Budget proposal for 2012-13. Officials said the framework of the fund was at a nascent stage. “Some inferences are being drawn from the recommendation of National Farmers’ Commission...

After much debate, the Cabinet cleared the food security bill. Will it really ensure food for every Indian? THE Lokpal Bill debate may have ended in a fiasco but 2011 ended on a positive note for the Congress-led UPA government on another count. Its pet project, the National Food Security Bill (NFSB), was cleared by the Union Cabinet and introduced in Parliament. The bill seeks to address widespread hunger in the...

Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...

-The Economic Times   An expert group has recommended adding 30 agricultural and allied works under the Centre's flagship rural job guarantee scheme, in a revamp aimed at making the country's costliest social sector programme more effective.  As part of the overhaul of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the panel has also suggested an electronic fund management system to ensure timely transfer of money to needy districts.  The recommendations of...

The alleged incident of two quarry workers in Tamil Nadu's Villupuram district being forced to swallow faeces draws attention to larger issues. NORMALLY the villages and hamlets in and around Thiruvakkarai in Tamil Nadu's Villupuram district are woken up by the loud noise and vibrations caused by the blasting of rocks and the pounding of boulders with sledge hammers, apart from the rattling sound of tipper lorries transporting stones from 40-odd...