Sunday, May 12, 2013

Growth, Food Security Bill and Poverty

This article explains the truth well that ' Delayed reform and slower growth kept an additional 109 million people below the poverty line'. The reforms which have virtually stopped since last few years, have added miseries to the people which include, more poverty, illiteracy, unemployment, and all economic related problems like inflation, high fiscal and current account deficit etc.again adding to poverty. The solution to the problem of poverty as rightly highlighted in the article lies in faster Growth and Food security will help only to add miseries of the people. Iyer should come out with more of such articles for the understanding of the masses, politicians, bureaucrats, and industrialists.Exploiting and perpetuating poverty and illiteracy can never be good economics.

(This comment in response to an article Fast Growth will save lives not the Food Security Bill appeared in Times of India dated 12 5/13)

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