-Outlook India has long been the sleeping giant of global agriculture. But its misguided policies while boosting short-term output, yet may transform India into a food importer After decades on the sidelines of international agricultural trade, India was poised last year to become a major food supplier, overtaking traditional exporters of food grain and meat. This could prove to be flash in the pan. The sudden rise and fall of India...
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UPA exports wheat at Rs 1,700 crore loss to exchequer -Pradeep Thakur
-The Times of India At a time when the government is facing trouble maintaining its fiscal health and is set to add over Rs 1.25 lakh crore to its subsidy bill for providing food security to its poor, the UPA has burdened the exchequer further by exporting wheat at lower than its cost price - incurring an estimated loss of over Rs 1,700 crore. Sources in the finance ministry said the loss...
More »Prof. Reetika Khera, Development economist IIT Delhi interviewed by Sreelatha Menon
-The Business Standard Indian Institute of Technology-Delhi professor and development economist Reetika Khera tells Sreelatha Menon that the food Bill may not be a leap ahead, but it is certainly a step forward * The food Bill is a guarantee for lifelong dependence on government doles. As an economist, can one defend such a policy? The food Bill should be seen as an investment. "Labour" is India's most important asset. In that sense,...
More »Right to Food Campaign rejects the National Food Security Bill cleared by the Cabinet
-Right to Food Campaign RIGHT TO FOOD CAMPAIGN REJECTS THE NATIONAL FOOD SECURITY BILL CLEARED BY THE CABINET THE CAMPAIGN WILL CONTINUE PROTESTING FOR A COMPREHENSIVE FOOD SECURITY LAW THIS IS A MERE SOP, A FOOD INSECURITY LAW AND NOT A FOOD SECURITY LAW Jantar Mantar 19th March, 2013 More than 500 people of the Right to Food Campaign sitting at Jantar Mantar rejected the National Food Security Bill 2013 which was passed by the cabinet...
More »Granaries full, but cereal prices up 20% -Surojit Gupta & Sidhartha
-The Times of India The Centre is blaming state governments for a near 20% rise in cereal prices despite overflowing granaries that have record stocks, and suspects that hoarding and high state levies are causing the spike. The latest wholesale price inflation data showed that the price increase in this segment was estimated at over 19%. According to the consumer price index, inflation is of the order of 17%. Last month, Food...
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