Nation
Food scheme insult to hungry: Bhikhu Parekh
0
Lord Bhikhu Parekh, a UK-based economist and recipient of Padma Bhushan, criticised UPA Government’s Food Security Bill initiative saying that there is no point of providing wheat and rice to poor at subsidised rate without providing them house to live.
For the poor, wheat and rice are not adequate at a time when prices of onions, cooking gas and edible oils are skyrocketing, opined Parekh, who was associated with London School of Economics and University of Glasgow.
“The Indian Government should work on capacity building among underprivileged people so that they can live with self-esteem and pride,” said the economist, a baron with Gujarati roots, who once criticised Gujarat Chief Minister Narendra Modi for his much-talked about “Sadbhavana” fast couple of years back.
However, few months back, Parekh also spoke in support of the BJP saying that the BJP leader (Modi) “deserve national projection” and shouldn’t be singled out for “black mark” because of Godhra riots.
“The Bill would not help poor people in India completely. There are chances that it would lead enormous wastage of food. It shows the Government’s ‘Mai-Baap’ attitude by keeping poor men dependent. It is nothing but insult to hungry and shows enormous arrogance on the part of Government. Rather money should be spent on capacity building to get rid of dependency psychology,” he said talking to The Pioneer on the sideline of a function in Vadodara.
On the constant devaluation of Indian rupee, the former Vice-Chancellor of Vadodara based iconic Maharaja Sayajirao Gaikwad University said that as per the law of economics deepness of any economy reflects in its currency.
“Falling rupee means costlier import of petroleum products. High-level technology and related goods will also become dearer,” said an academic of repute, who was appointed a life peer as Baron Parekh in the year 2000, seven years before, the Indian Government honoured him with the Padma Bhushan.
He, however, sees positives in the devaluating Indian Rupee. According to him it is structural flow in Indian economy and not a casual flow. “It seems the Government is letting it run its course. Even RBI is not selling Dollars. The message is clear, the Government wants to correct fiscal deficit. It would discourage foreign travelling. The falling rupee would result into negative growth in import as well as availability of Indian goods at cheaper rates in international market.
0
POST YOUR COMMENTS
The Great Indian Film and Literature Festival 2016 to begin from December 2
29 Nov 2016 | Ananya Borgohain
The third edition of this unique festival promises to bring renowned names from different fields together for engaging and creative discussions, writes Ananya Borgohain The third edition of the Great Indian Film and Literature Festival is all set to start on December 2, 2016 at DLF Cyber Hub, Gurgaon. The festival that started in 2015 will see renowned artists of both the Indian film industry as well as the literary fraternity...
Opposition stages Bharat Bandh protest against Demonetisation
29 Nov 2016 | PNS | | Lucknow
The Left parties sponsored Bharat Bandh to protest against demonetisation move of the Centre failed to evoke any response in Uttar Pradesh on Monday. Vehicular traffic remained normal and shops and business establishment functioned normally...
MORE
Read other newsSOUNDBITE
Neither can India take back PoK nor does Pakistan have power to take this part of Kashmir by going to war. Dialogue is the solution.
I never looked up for praise from the media or anybody. I just keep my head down and concentrate at the nets.
In addition to winning the Electoral College in landslide, I won the popular vote if you deduct the millions who voted illegally.
