INSIGHT
by
Dr Arpita Khare: The evolution of markets has been to a great extent,
responsible in bringing about a change in the lifestyle of the community
as a whole. Read More>
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PERSPECTIVES
B. R. Rejoy Kurup, PGP Student, Indian Institute of Management Ahmedabad
Manasi
Bansal
Batch 2004-06
Indian Institute of Management Lucknow
Aishwarya
Natarajan,
Post-Graduate Programme in Management ,
Amity Business School, Noida.
Amritpal Singh
Fulltime Graduate Student
MBA Program
Barney School of Business
University Of Hartford, USA
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X'PRESSIONS
A Compilation of thoughts and works of
Joel Mokyr (The Lever of Riches), Paul M. Romer (Theory, History,
and the Origins of Modern Economic Growth), Robert Solow, Adam Smith
and Joseph Schumpeter by
Sumil Krishna Sharma, MBA, IIITA
Ashutosh Kumar
PGD in Cyber Law and Security
IIIT-Allahabad
by Jayant
Sahu, MBA - IT, IIIT- Allahabad
by Mayank Garg B. Tech (6th Semester) IIIT Allahabad
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TECHNOVA
by Vijay Kr. Chaurasiya
Faculty Member
IIIT- Allahabad
by By Bhaskar Gupta
B. Tech. IIIT - Allahabad
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CASECADING
Submit your solutions by 30th March 2005 (12 pm)
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SOLUTION
TO THE CASE STUDY
"The paradox of plenty"
The
gravity of the problem calls for twofold solution-short term and medium
& long term-
To
deal with glut we should raise the quota under BPL i.e. making
more quantity available to poor people at subsidized rates rather
than incurring the huge cost of storage. Along with this the Food
for Work Programme (FWP) can be revived and strengthed
.It will have the dual benefit-on the one hand it will look after
the rural unemployment problem on the other hand it will strengthen
the rural infrastructure.
This
basically involves the policy initiative, the most important
of which being the rationalization of present policy of
captive buying i.e. procurement much above the
buffer stock levels should stop in a phased manner.
Further,
the MSP should be such that at these prices FCI’s
procurement can be balanced by off take under the
PDS, ruling out piling up of idle stock. This necessitates
a serious thinking on rationale of raising MSP every
year.
Moreover,
instead of only focusing on quantity of production,
we should emphasize on value and kind of crop
we produce. The focus should shift on cash crops
and horticulture. This entails a balanced approach
of providing incentive as well as agro-climatic
approach to agriculture development.
The
key, therefore, lies in balanced and sustainable
development, rather than artificially high
subsidies and procurement prices resulting
in deciding ‘who will grow what, where’?
Our
CaseCader:
Mr.
Ashutosh Kumar
PGD
in Cyber Law and Security
IIIT-Allahabad
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VOLTE FACE
Views-in-Favour and Counter-Views on this conflagrant battle are solicited. Your views should reach us at b_cognizance@iiita.ac.in latest by March 30'2005
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NEWS
FLASH
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