The National Food Security Bill, which seeks to provide heavily-subsidized food to two-thirds of India's 1.23 billion people, was passed by the Rajya Sabha. With this bill, the Congress party is all set to face the 2014 elections. However, it is apprehended that the bill would have adverse impact as the Centre neither have the finance nor the availability of food grains to meet the promise. The existing poverty-alleviation schemes like MGNREGA are in shambles and hence the food security scheme would also well end up hare-brained. The Food Security bill is a game that Congress party had planned for getting a political mileage. Other parties are also trying to take credit of the same. .Nevertheless, the rupee will go down further and there would be inflation of the type never witnessed before.
Food Security actually means the boosting of production and increase of purchase capacity of food consumers. But the UPA government think it as the selling of food grains at a subsidized rate. Could any nation supply food grains at low price to all its citizens forever?
Food Security Bill, in fact, is a worst piece of legislation and it is certain to take the nation to the brink of economic crisis. It will also generate corruption at an unprecedented level.
K A Solaman
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