The government has a plan to reach welfare to the poor without wasting money. It wants to put hard cash in their hands instead of spending on welfare programmes. To begin with, it wants to end the public distribution system of food grain and give money directly to the people. Its logic: the new system of cash transfer will plug leakages and save an enormous amount of money. But is it...
More »SEARCH RESULT
Neoliberal illogic by Prabhat Patnaik
The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
More »Wholesale price of onions not reflected in retail market by Gargi Parsai
As food inflation rises again and the prices of daily consumption vegetables and fruits remain high, the Ministry of Consumer Affairs has convened a high-level meeting here on Monday to review the situation. Agriculture Minister Sharad Pawar will chair the meeting, which is expected to be attended, among others, by Delhi Chief Minister Sheila Dixit. The latter has been invited to work out the possibility of opening more outlets for sale...
More »Relay solutions for food prices by Surinder Sud
The recent spike in vegetable prices, due partly to erratic supplies, could well have been averted if the novel concept of “relay cropping” in vegetable farming had become popular. This system allows growing three to seven crops of different vegetables on the same patch of land over a period to ensure a steady and regular flow of vegetables to markets. This innovative approach, significantly, has been conceived and successfully put into practice...
More »Hand over PDS to village panchayats by Mani Shankar Aiyar
Fundamentally, our current crisis in food supplies as well as food prices arises out of the sidelining of Jawahar Lal Nehru’s dictum “everything else can wait but not agriculture”. Unfortunately, the last twenty years have been characterised by very low rates of agricultural growth, averaging around one percent per annum. This is almost equal to the rate of GDP growth during the last half century of British rule. In effect, in...
More »