India has missed a historic opportunity to abolish hunger through a universal public distribution system (PDS), which entitles all citizens to affordable food. The National Advisory Council (NAC), a progressive body established by the United Progressive Alliance, was to draft such a law, but has recommended a Bill which greatly reduces the public's entitlements. This is a setback. India's annual per capita cereal consumption has fallen to 174 kg, lower than...
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Jean Dreze, Development Economist interviewed by Vaibhav Vats
The Food Security Act was UPA-2’s flagship programme. Jean Dreze, member of the National Advisory Council, has publicly criticised the government. He tells VAIBHAV VATS what’s gone wrong. Much like the Mahatma Gandhi National Rural Employment Guarantee Act in the first term of the United Progressive Alliance, the Food Security Act was its most ambitious social welfare programme. Since discussions on the Act in the National Advisory Council began, its provisions...
More »‘Financial inclusion a result of overall exclusion'
Eminent economist and Vice-Chairman of the Kerala State Planning Board Prabhat Patnaik said on Saturday that the euphoria in official circles over financial inclusion has risen because of the “systematic scaling down of institutional credit to the peasantry and other productive sectors in the last two decades”. Delivering the centenary lecture dedicated to the memory of Prabhat Kar, a pioneer of the trade union movement in the banking industry, Mr....
More »Posco paid for study on Posco by Priscilla Jebaraj
Claims about the benefits of Posco's $12 billion integrated steel project to Orissa's economy and job market come from a study by an “independent” research organisation — but was paid for by Posco itself. In January 2007, the National Council of Applied Economic Research (NCAER) published a report on ‘Social Cost Benefit Analysis of the POSCO Steel Project in Orissa,' which claimed that the project would directly and indirectly generate 8.7...
More »“Basic procedures not followed before project was launched”
As the Prime Minister hands out the first official AADHAAR numbers in the tribal district of Nandurbar on Wednesday, civil society activists in the capital are questioning the very basis of the ambitious Unique Identification (UID) scheme. “Even basic procedures have not been followed before launching such a massive project,” said Usha Ramanathan, an expert in law, poverty and civil rights. “The people of India, as well as Parliamentarians need to...
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