Wednesday, October 6, 2010

CPI (M) ON FOOD INFLATION AND FOOD SECURITY

THE POLIT BUREAU OF THE COMMUNIST PARTY OF INDIA (MARXIST) MET AT NEW DELHI ON OCTOBER 4 AND 5, 2010. IT HAS ISSUED THE FOLLOWING STATEMENT ON 5 OCTOBER 2010

The food inflation rate has again started rising and it touched 16.44 per cent in the week ending September 18. While the people are suffering from the price rise, the government is finding excuses such as floods and rains for the destruction of supplies. At this time of the season normally prices decline, this has highlighted the failure of the government to check price rise.
The Central government has ignored the directive of the Supreme Court to distribute the huge stocks of foodgrains free of cost to the poor rather than letting it rot. On the contrary, it is pursuing the anti-people policy of pressurizing the states, to lift “additional allotment” at a price that is even higher than the present issue price of APL foodgrains. At the same time, the objectionable new scheme of further targeting being proposed by the National Advisory Council as well as the proposal to cut all subsidies to APL show the mockery that is being made of the concept of food security.
The Polit Bureau reiterates its demand for a universal public distribution system with a minimum allocation of 35 kgs of foodgrains at Rs. 2 per kg. The expenditure on this will still be less than 2 per cent of the GDP.
Source: www.cpim.org

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