Blame stubborn procurement policy as the root of all evil. With the government sitting on heaps of foodgrain and with an acute shortage of quality storage facilities, analysts, some within the government, suggest exporting foodgrain and reviewing procurement policy. The suggestion is gaining ground among advisors and experts, given the current global situation, where wheat prices are on the rise on fears of subdued production in drought-hit countries like Russia, Uzbekistan and...
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Spiralling food prices burning holes in pockets by Aditya Raj Das
As the common man continues to reel under the spiraling rise in prices of essential commodities especially key food items and vegetables the forever-rising food inflation is posing a serious challenge to policy makers. Though top government officials, including the Finance Minister and the Chairman of the Planning Commission have repeatedly assured that the food prices will soon stop rising, in reality it has gone the other way. The rising spree...
More »Gap between rich and poor widening: Brinda
Communist Party of India (Marxist) Polit Bureau member Brinda Karat has charged the Centre with formulating economic policies which had allegedly widened the divide between poor and rich. “In the last ten years, the poor became poorer and rich became richer due to the liberal Economic Policy of the UPA government. The women are the worst affected as they suffer from malnutrition and anaemia,” she said. While addressing Ganatantrik Nari Samiti, the...
More »Are GM crops safe? by Shanthu Shantharam
Finally, India’s science academies have broken their silence and said that GM crops should be an important part of technology mix, which is crucially needed to improve India’s agriculture. The report entitled Inter-Academy Report on GM Crops was submitted to the Union government earlier this week. The combined wisdom of the six academies of sciences in the country was long time coming. It is this kind of scientific advice (voice) that...
More »Towards another green revolution by NV Krishnakumar
Soon, the National Food Security Act will become law. The ruling United Progressive Alliance flagship social security programme of providing every Below the Poverty Line (BPL) family with 25 kg of rice or wheat at Rs 3 per kg per month is a welcome step to alleviate some of the human trauma that haunts the poor in our country. The government also hopes that the Act will secure freedom from...
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