Some Thoughts on the FSB - Food Security Bill
Some Thoughts on the FSB Manmonia's FSB: 3% of GDP Surjit S Bhalla The food security bill, sorry emergency ordinance, if implemented honestly, will cost 3 per cent of the GDP in its very first year. We have an emergency of the rarest order. The BJP stops Parliament and therefore the government passes an emergency privilege provided by the Constitution to pass the food security ordinance. The bill, sorry ordinance, wants to provide food to the poor in order to eliminate poverty. This, according to the Congress, was Sonia Gandhi's dream, and indeed was part of the Congress manifesto in 2009. Again, if Congress spokespersons are to be believed, this is a pathbreaking attempt to eliminate poverty. It will give the poor a legal right to claim their 5 kg of rice, wheat or coarse cereals a month at the subsidised rates of Rs 3, 2, and 1 per kg, respectively. This act-to-be follows the same pattern and motivation as the employment guarantee act ...