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Food security scene getting grimmer

Food security scenario has been very grim in Orissa. It is getting grimmer day-by-day, thanks to the high food price inflation on the one hand and climatic aberrations like droughts, floods or untimely rains on the other. These extremes hurt the State most, as it has the maximum poor populace in the country. Data details the enormity. Around 9 per cent households face grave food security in the State. The proportion...

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In the name of the poor by Surjit S Bhalla

Marie Antoinette, the liberal and concerned queen of France, on seeing the poor and hungry masses demanding bread, said in a fit of charity — “let them eat cake”. Member of the prestigious National Advisory Council (NAC) Jean Dreze surveyed the performance of the existing National Food For Work Programme (NFFWP) in July 2005 and concluded that the performance was “alarming”. The work guidelines were not being enforced, and the...

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UN agency on ‘red alert’ as soaring food prices threaten millions of world’s poorest

Record high food prices are putting added pressure on the United Nations agency that helps feed nearly 100 million of the world’s poorest people, with officials warning of a potential “perfect storm” combination of soaring costs, weather emergencies and political instability. “We are on red alert and we are continually assessing needs and reassessing plans and stand ready to assist,” UN World Food Programme (WFP) Executive Director Josette Sheeran told the...

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No cap on MFI interest rates by Shishir Arya

Amidst hue and cry over micro-finance institutions (MFIs) charging the rural poor exorbitant interest rates, Reserve Bank of India norms continue to allow these entities a free hand in determining their charges. The banks lending to MFIs too continue to have full discretion in fixing their rate of interest. RBI has issued a latest master circular reiterating its earlier stand on micro-credit on February 14. Master circulars are like ready-reckoners on...

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Ministry wants more money for rural job guarantee scheme by Ruhi Tewari

The ministry of rural development has demanded a nearly 60% increase in the allocation for its marquee job guarantee scheme in the forthcoming Union budget for fiscal 2011-12. The ministry has sought an allocation of around Rs. 64,000 crore, up from Rs. 41,100 crore, for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), a ministry official said, requesting anonymity. MGNREGS, the flagship programme of the Congress-led United Progressive Alliance (UPA) government...

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