It is estimated that food grain worth Rs 60,000 crore have been left to rot. Who is responsible? This figure is highly exaggerated. According to a study by the agriculture ministry, only 0.004 percent of stored food grain are rotten. There were 11,708 tonnes of damaged and non-issuable food grain in Food Corporation of India (FCI) depots. However, the whole lot hasn’t become spoilt. This quantity has become non-issuable to...
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Along the food chain by MK Venu
Politicians, from the ruling party and opposition alike, are grappling with the problem of how to effectively communicate with their constituencies on the issue of high food inflation. One had thought it would be easy for the opposition to mount a campaign on rising prices against the ruling coalition, but it appears that inflation and its impact on the political economy is far more complex today than it was 10...
More »Will India's rising inflation lead to social unrest? by Paranjoy Guha Thakurta
Earlier this week, India's opposition parties came together in a rare show of unity to take to the streets in cities across the country. They protested against the government's recent decision to raise fuel prices after it scrapped its subsidy of petrol prices in an effort to cut the budget deficit. Supporters of the right-wing Bharatiya Janata Party joined hands with their ideological rivals among the Communists to paralyse normal life in...
More »Food crisis – how prepared is India? by Saurab Bhat
The recent spike in world food prices has further widened the gap between the developed and the developing economies. While, over 70 per cent of the world's population resides in poor countries, it has access to less than 40 per cent of the world's resources such as water, irrigated land, power, etc. This is a result of inconsistent economic progress (post-colonialisation birth pangs), rampant population growth and distractions such as...
More »“Review implementation of rural job scheme”
CUDDALORE: As Labour shortage has been “daunting the farm sector,” the Joint Action Council of farmers' associations has appealed to the government to review the implementation of Mahatma Gandhi National Rural Employment Guarantee (MGNREG) Scheme that takes away a major chunk of the workforce. The JAC, which met here on Monday , adopted a resolution. It said that besides the vagaries of weather, what was hindering the growth of the farm sector...
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