Furious debates among policymakers about the proposed national food security law largely revolve around its financial repercussions. The Planning Commission is finally coming around to accepting the Tendulkar Committee’s estimates of 37.2 per cent BPL Population or 8.5 crore BPL households. The fiscal burden in implementing the food security law for 37.5 per cent BPL Population, with each household being provided 35 kg food grains, is estimated to be Rs...

The Union Cabinet on Thursday approved a Rural Development Ministry proposal to launch the National Rural Livelihood Mission that aims to reduce poverty in a time-bound manner through provision of diversified employment opportunities and skill development. The proposal for the big-ticket development mission was earlier approved by the Expenditure Finance Commi-ttee and was taken up by the Cabinet Committee on Eco-nomic Affairs for clearance in a meeting on Thursday even-ing....

Is the Planning Commission too singularly focused on reducing food subsidy and intending to dissuade people from buying subsidized food rations even as the government spends thousands of crores to store excess grains in its stocks? Is it being penny wise but pound foolish? An internal note of the Plan panel suggests so. A note prepared by the panel reveals some startling information. On April 1, 2010 -- normally the...

Rising food prices and economic crisis have eaten into the gains made by India and the world in reducing poverty during the first half of this decade, a United Nations report released on Wednesday said. "Newly updated estimates from the World Bank suggest the crisis will heave an some 64 million into extreme poverty by end of 2010, principally in sub-Saharan Africa and South Asia," the Millennium Development Goals, 2010 report...

It is the availability of adequate foodgrains to meet the mandatory requirements under the proposed National Food Security Bill that worries the government, not the enhanced subsidy such a move would entail. From what the government is planning it appears that the subsidies on petroleum products would go to meet the requirement of providing cheap foodgrains to the poor under the Public Distribution System (PDS) and to bring the Above...