Political influence and interference hampering distribution, says court-appointed vigilance panel  Large-scale diversion of foodgrains; black marketing by fair price shop dealers All-round complicity among FPS, transporters and corrupt Civil Supplies officials The Supreme Court-appointed Central Vigilance Committee (CVC) has slammed the Public Distribution System as one of the most corrupt sectors, saying the root cause of its failure in several States is political interference. “Corruption is all pervasive in the entire chain involved...

WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...

The Central budget of 2010-11 is a further step in the realisation of a vision of India vibrant with the income, wealth, saving, education and the entrepreneurial energy of the top 5-10 per cent of the population and the rest of Indians, serving that minority and surviving as barely literate, malnourished multitude.  With the accession of Rajiv Gandhi to power, a vision began to germinate. That vision was that of...

A revolution in small farm management is essential to revitalise the country’s agriculture sector, according to noted agriculture scientist M.S. Swaminathan. Corporate farming would be detrimental to India. Farming was the largest private sector enterprise in the country, and any bid to take away land from the farmer would be counter-productive. But a symbiotic relationship between farmers and industry, resulting in a win-win situation for both, would be good, he...

The food price inflation in India, measured by the wholesale price index of food items, touched a 10-year high for the week ended November 28, 2009 when it crossed 19% on point-to-point basis over the corresponding week a year ago. The cereal prices were up by about 13%, but pulses are up by 42%, and vegetables by 31%, although potato prices shot up by 102%. This is getting way beyond...