-The Hindu With the economic boom petering out, those who benefitted from it are angry with the government for the food security bill because it is paying attention to the needs of the underprivileged for a change This week's received wisdom insists that the Indian economy has irretrievably collapsed because on Monday, the Lok Sabha passed the National food security bill (NFSB). The Hindu Business Line headline (Aug.28, page 1) said it...
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Populism unites parties, helps land bill sail through Lok Sabha
-The Times of India NEW DELHI: Concerns of industry took a backseat as political parties, spurred by the oncoming election season, joined hands in Lok Sabha on Thursday to pass the land acquisition bill that enshrines consent of landowners and steep hikes in compensation. As when the food security bill was passed earlier this week, competitive populism took centrestage with Congress toasting Rahul Gandhi as the inspiration behind the legislation and BJP...
More »Prof. Jean Dreze, Development economist interviewed by Down to Earth
-Down to Earth Development economist JEAN DREZE, known for his work on issues such as hunger, famine, social and human development in India, child health and education is not particularly happy with the way the National food security bill has turned out. Although the proposed law has changed dramatically from the time Dreze pushed it during his days at the National Advisory Council, he is campaigning actively for its passage. Currently,...
More »'food security bill to cover about 3-times the number of poor'
-PTI According to Planning Commission estimates, 21.9% of the people live below the poverty line in 2011-12. The food security programme is not restricted to the poor and the population covered by it is about three times the number of people below the poverty line, Parliament was told today. 'The government has decided to cover 67 per cent of the population under Food Security Act. The proposed coverage is not restricted to the...
More »Don’t blame the Food Bill
-The Hindu The currencies of India, Indonesia, Brazil, South Africa and Turkey have fallen quite dramatically against the dollar in the past few months. Whatever their domestic weaknesses, the reasons for this unprecedented decline - ranging between 13 to 21 per cent - are primarily global. In the past 48 hours, as tension mounts in West Asia, an already unprecedented situation has become even more difficult. On Wednesday, the rupee, as...
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