Food, PDS and civil supplies minister Sharad Pawar made a big pitch to Prime Minister Manmohan Singh here on Thursday on sugar sector decontrol. He placed a plan for the Centre to buy sugar at prevailing market price for the public Distribution system (PDS) directly from the open market in the new sugar year starting October. If this goes through in the coming season, sectoral decontrol would be attained after...
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Parliamentary panel against sugar decontrol
The parliamentary panel on food and agriculture has recommended against sugar decontrol, claiming the move will go against the interest of farmers as well as consumers. The views of this panel, expressed in a report tabled in the Parliament yesterday, are not binding. “The committee is of the opinion that if the entire control on manufacturing and Distribution of sugar is removed, the PDS scheme will be adversely affected, as sugar...
More »Poor storage not behind high food prices: Economic advisor - Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
More »Five heady years of MGNREGA- Himanshu
Sunday will mark the fifth anniversary of the landmark National Rural Employment Guarantee Act (later rechristened the Mahatma Gandhi National Rural Employment Guarantee Act, or MGNREGA). At a time when the country is debating the contours of similar landmark legislation for food security (the National Food Security Act), it is time to evaluate the working of MGNREGA, initially implemented in 200 of the country’s poorest districts and expanded to all...
More »Poor storage not behind high food prices: Economic advisor by Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
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