Apropos the report "Cabinet clears revised food Bill" (March 20), the United Progressive Alliance (UPA's) decision to introduce the Bill at this juncture is a populist move to garner votes; it lacks financial and practical prudence. The finance minister contained the country's fiscal deficit for 2012-13 by cutting development allocations. An additional burden on food security will only add to the deficit. Despite ample stock of food grain, the food inflation goes unabated owing to the lack of a proper supply chain and storage facilities. It is not clear whether the UPA really wants to address these challenges head-on.
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N Ramamurthy Chennai
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number