The need for ensuring food security for the poor is indisputable. However, the means to do so have to be practical and fiscally sustainable. That is what the prime minister’s economic advisory council Chairman C Rangarajan and a group headed by him, which looked into the proposed food security law, seem to think. Most of the points raised by this panel about the recommendations of the Sonia Gandhi-led National Advisory...
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New age of intervention in food prices by Rowena Mason
In India, people are upset about onions. Expensive cooking oil is causing hoarding in China, a practice banned by the government. Meanwhile, flour and bread are the main source of riots in Algeria and now Jordan. Worries over food prices are gathering pace and triggering alarm among politicians across the world. For there is nothing more likely to bring down a government than ignoring starving citizens, as Marie Antoinette found to...
More »World Food Prices Expected to Stay High or Keep Rising by Steve Ember
Economists across the world are expressing concern about rising food prices. The United Nations Food and Agriculture Organization recently released its Food Price Index. The list showed that a number of foods cost more than during the world food crisis of two thousand eight. The index is at its highest level since it began in nineteen ninety. Demonstrations and deadly food riots have broken out this month, as they did in...
More »From inadequate to appalling
It was bad enough that the National Advisory Council in its recommendation of October 2010 proposed a food security Bill that diluted the principle of a universal right to food. It is appalling now that the C. Rangarajan Committee seeks to truncate that proposal, and legally establish a narrowly targeted public distribution system on the grounds of feasibility. Their argument is a false argument for more reasons than one. First,...
More »Suspend onion imports for 10 days, NCCF tells government by Gargi Parsai
Even as the price of onions remained high in domestic retail markets, the National Cooperative Consumers Federation of India (NCCF) on Monday urged the government to suspend the import of the vegetable for 10 days, by when the prices are expected to fall due to better arrivals. “The recent import of onions from China and Pakistan has created panic among our farmers, and many of them have started harvesting the crop...
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