Two of the three Bengal agencies tasked with procuring paddy directly from farmers have failed to do so till now because of lack of funds, a revelation that blunts the state government’s attempt to blame the Centre. Paddy procurement is one of the purported issues over which the Congress and the Trinamul Congress have been calling each other names. The state government had pointed fingers at the Centre-run Food Corporation of...
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Understanding the PDS by Jean Dreze and Reetika Khera
A survey in nine States shows that they have quietly revived and expanded their public distribution system. AT a time when the Union Cabinet cleared the draft of the national food security Bill after dilly-dallying over it comes a compelling piece of information: many State governments have quietly revived and expanded the public distribution system in their States. That, at any rate, is one of the main findings of a...
More »AIDWA wants Food Security Bill rejected by Aarti Dhar
The All India Democratic Women's Association (AIDWA) has called upon Parliament to reject the National Food Security Bill introduced in the Lok Sabha on Thursday. In a statement issued on Friday, the association said the Bill was a “more dangerous and rehashed version” of the current Targeted Public Distribution System, that proved to be an “utter failure” in view of the manner in which it eroded the food security of the...
More »“Centre tilting towards employers”
-The Hindu Members of various trade unions in the private and public sectors, affiliated to 11 major central trade unions, will stage a countrywide strike on February 28, 2012 against the ‘anti-labour' policies of the UPA-II government. The Railways will be exempted from the protest. G. Sanjeeva Reddy, president of the Indian National Trade Union Congress (INTUC), affiliated to the Congress, told journalists here on Tuesday that despite various demonstrations by the...
More »Bullion dominates futures market, agriculture at 10% by Sidhartha
Policymakers have repeatedly said that commodity futures help farmers hedge their risks. But data from Forward Markets Commission (FMC), the regulator for the business worth Rs 106 lakh crore during April-October, paints a different picture. The share of agricultural trade is just a tad over 10% and within this, food products such as soya oil and chana accounted for less than 7% of the total value. Of course, the government itself...
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