After much debate, the Cabinet cleared the food security bill. Will it really ensure food for every Indian? THE Lokpal Bill debate may have ended in a fiasco but 2011 ended on a positive note for the Congress-led UPA government on another count. Its pet project, the National Food Security Bill (NFSB), was cleared by the Union Cabinet and introduced in Parliament. The bill seeks to address widespread hunger in the...
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Water crisis looms over India by Chetan Chauhan
Major metros like Delhi and Mumbai face huge water and environmental crises as infrastructure tries to keep pace with the increasing population, says a new study of 71 Indian cities. The report, Excreta Matter, prepared by the Centre for Science and Environment (CSE), comes at a time when India is urbanising at the highest rate in the world and half of all Indians are expected to be living in cities by...
More »NAC, govt review social security plan for unorganized sector by Remya Nair & Anuja
In an indication that the ruling Congress may be looking to evolve a comprehensive social security package ahead of the next general election, the Sonia Gandhi-led National Advisory Council (NAC) has started a consultative process with four central government ministries aimed at linking existing and new schemes for the huge unorganized sector. The plan, according to an NAC member, is to issue one entitlement card to every worker in the unorganized...
More »Last straw on the fisc back by Soumya Kanti Ghosh & Rajiv Kumar
The huge expenditure on the food bill, with the attendant Leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...
More »It will not stop at Rs 60,000 crore by Soumya Kanti Ghosh
How economically sustainable is food subsidy? The cost could even be double of what the government estimates Food deprivation and malnutrition are completely unacceptable and everything has to be done to eliminate such an evil. The prevalence of malnutrition in a country like India is in itself a cause for serious concern since malnourished children may jeopardise India’s favourable demographic dividend (as per independent estimates, close to 60 per cent of...
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