Honourable minister for agriculture – sir, rather than cutting the subsidies from the midday mead scheme, please arrest the existing corruption in the public distribution system! A recent report carried by a leading daily stated the inability of the government to carry on with the subsidies provision of the food grains for the ‘midday meal scheme’. As such, since the very beginning, the scheme has been inflicted by myriad avoidable roadblocks, but what the government is now planning is going to be the final nail on the coffin of the scheme. According to the report, the agricultural Ministry is contemplating supplying food grains at the so called ‘economic rate’ (Rs. 12,000 per metric tonne), which is almost double the subsidised rate (Rs. 5650 per metric tonne), effectively meaning that it would neither be a loss nor a profit making proposition for the government. For a liberalised economy, which, at the behest of the prescription of the World Bank and IMF, is trying to cut subsidies, ...
Dr. Arindam Chaudhuri
(An IIPM Think Tank Blog)