Sunday, 25 August 2013

INDIAN DREAMS Vs REALITY: FOOD SECURITY BILL IN CORRECT PERSPECTIVE:
Food security bill is the latest burning issue of Indian politics and seems to highlight the compulsions of the polity. There is no denying the fact that food security is the first basic big element in the chain of value addition in the earning ability of an individual, his health and India's march towards poverty alleviation. Food subsidy bill talks in terms of providing food to 50% of urban India (377 million) and 75% of rural India ( 833 million) at highly subsidised rates at a whopping cost of Rs 1,30,000 crore to the exchequer. Add to this the cost of pilferage, grain rotting and logistics inefficiencies, an estimated amount of Rs 60,000 -70,000 crore. A cost of about Rs 2,00,000 crore for meeting the basic food requirements of 800 million of Indian citizens after 66 years of rule by politicians totally dedicated to the cause of the common man. A matter to be proud of ???? Still let the country grant them credit for at least imbibing the motto 'BETTER LATE THAN NEVER'. ( Excerpts from http://veekay-indiandreamsvsreality.blogspot.in/2013/08/wrong-economics-or-wrong-intentions.html )
There are a few basic questions that any well meaning citizen of this country fails to understand.

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