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Speculation and the economics of hunger by Biraj Patnaik

A recent report of the UN Special Rapporteur on the Right to Food, Olivier de Schutter, provides a damning indictment of the role of speculation in food commodities in fuelling the global food crisis. The report – 'Food Commodities Speculation and Food Price Crisis – was released on the eve of an emergency meeting of the UN-FAO on the instability in agricultural markets. The global food crisis in 2007-08 led to...

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India to invest Rs 15,000 crore on rural network

India has chalked out an ambitious plan to connect all the villages through telephony and Internet at an investment of Rs 15,000 crore, Sam Pitroda, an adviser to Prime Minister Manmohan Singh , said today. "A note for this investment will be sent to the Cabinet very soon," Pitroda, adviser to the Prime Minister on Public Information Infrastructure and Innovations, told reporters here. The investment would come from Rs 24,000 crore accumulated...

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NAC plan fails to pass muster with ministry by Liz Mathew

The department of food and public distribution has rejected both proposals of the National Advisory Council (NAC) to provide food security, saying the government risked running up against supply constraints and taking on an unsustainable fiscal burden. The rejection by the ministry of consumer affairs, food and public distribution means that both NAC, headed by Congress party president Sonia Gandhi, and the government will have to go back to the drawing board...

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A Thought For Food

Given the scale of UPA-II's proposed food security programme, getting the recipe right was never going to be easy. But even accounting for their differences, the National Advisory Council (NAC) and the government are having more problems than expected pushing the right to food legislation. Two NAC proposals have been rejected by the ministry for consumer affairs, food and public distribution, with the result that a fresh draft may need...

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Food entitlement act in India soon, says Swaminathan by Gurmukh Singh

India will soon be the first country in the world “to enact a food security entitlement act under which every family below the poverty line will get 35 kg of grain”, says M.S. Swaminathan who is in Canada to receive an honorary doctorate from the University of Alberta. One of the pioneers of the Green Revolution in India, Swaminathan said India cannot depend on volatile global markets to ensure its food security and...

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