The much-awaited National Food Security Bill will be introduced in the winter session of Parliament incorporating some major changes recommended by the National Advisory Council, chaired by Congress president Sonia Gandhi. Union Minister of State for Consumer Affairs, Food, and Public Distribution K.V. Thomas told The Hindu on Sunday that the council proposed coverage of the food security scheme from the present 45 per cent to an estimated 63 per cent...
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Much More Needed to Help the Poor by Jayati Ghosh
Today is the ''International Day for the Eradication of Poverty'', so it an appropriate day to note how necessary it still is to emphasise this concern among Indian policy makers. Sadly, lack of official awareness is evident in all sorts of recent policy measures, for example in the cynicism of increasing oil prices that feed into all other prices with cascading effects, even when inflation has already imposed huge burdens on...
More »Dealing with grain glut
-The Business Standard This year’s paddy procurement season has started with foodgrain stocks being more than double the buffer stock norms. An increase in grain stocks will put a strain on the already-scarce warehousing space, with consequences for safe storage and usability. Thus, excess holding of grains ought to be avoided. Maintaining a stockpile of nearly 55 million tonnes, with average economic cost of wheat and rice being Rs 18,000 per...
More »GM crops have not lived up to their promises, say NGOs by John Vidal
Genetic engineering has failed to increase the yield of any food crop but has vastly increased the use of chemicals and the growth of “superweeds,” according to a report by 20 Indian, southeast Asian, African and Latin American food and conservation groups representing millions of people. The so-called miracle crops, which were first sold in the U.S. about 20 years ago and which are now grown in 29 countries on about...
More »Food inflation in double digits after six weeks
-The Business Standard After lingering tantalisingly close to 10 per cent for about a month-and-a-half, food inflation climbed to double digits for the week ended October 8, signalling that Reserve Bank of India (RBI) may continue with its tight monetary stance in its policy review later this month despite the economy showing signs of a slowdown in growth. As protein-based items turned dearer, wholesale price-based annual food inflation rose by a whopping...
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