-The Times of India In the decade or so that i was at the Planning Commission, i always had advisory responsibility for the food ministry/public distribution system, among other issues of development policy. It did not take very long to find out that the fundamental problem with the system was about so-called "leakages" abetted by corruption: One soon learnt that the Food Corporation of India (FCI) was one of the most...
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Investing in small-scale farmers can help lift over 1 billion people out of poverty –UN report
-The United Nations Given the right conditions and targeted support, small farmers can unleash a new and sustainable agricultural revolution, the United Nations environment agency a partner agricultural development organization reported today on the eve of World Environment Day. According to the report, Smallholders, Food Security and the Environment, an estimated 2.5 billion people who manage 500 million smallholder farm households provide over 80 per cent of the food consumed in much...
More »Arvind Panagariya, a professor of Indian economics at Columbia University interviewed by Ullekh NP
-The Economic Times Arvind Panagariya, a professor of Indian economics at Columbia University, hits out at Nobel laureate and Harvard University professor Amartya Sen over his call to confront MPs with the "number of deaths" a delayed Food Security Bill can cause. The former chief economist at the Asian Development Bank counters Sen's argument that it is high social spending that has contributed to the economic growth of Asian economies such...
More »NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »Former WB economist to lead Cornell poverty India initiative
-PTI Pingali has been appointed director of the Tata-Cornell Initiative in Agriculture and Nutrition Washington: Former World Bank economist Prabhu Pingali has been appointed by the Cornell University to lead effort to help reduce poverty and malnutrition in India, a project established through a USD 25 million endowment from the Tata Trusts. Pingali has been appointed director of the Tata-Cornell Initiative in Agriculture and Nutrition (TACO-AN), a long-term project established through a...
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