Inefficient parastatal agencies and the growing modern food market in India: the need for private participation in food sector

Goyal, Yugank (2012) Inefficient parastatal agencies and the growing modern food market in India: the need for private participation in food sector. Asian Journal of Public Affairs, 3 (2). pp. 48-65. ISSN 1793-5342

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Abstract

The issue of food security is pivotal to the sustenance and growth of any economy. India's case in this respect has been particularly depressing. This article attempts to identify problems relating to food security in India, many of which can be attributed to government intervention in the food market through both its policies and agencies. In doing so, it also observes the ongoing trends in urban food markets and builds a case for increased private participation in Indian food sector. The article attempts to explore the causes of this food security paradox and shows how poor government policies implemented through parastatal agencies are to blame for the crisis. In doing so, several government policies that have intensified food security problems in the country are discussed and the need for their redesign is emphasised. One of the possible and efficient solutions, the article suggests, is to bring private players into the market.

Item Type: Article
Keywords: Food security | India | Economy | Food | Government
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Economics
Social Sciences and humanities > Social Sciences > Social Sciences (General)
JGU School/Centre: Jindal School of Liberal Arts & Humanities
Depositing User: Gena Veineithem
Date Deposited: 06 Apr 2022 05:23
Last Modified: 18 Apr 2022 06:33
Official URL: https://lkyspp.nus.edu.sg/docs/default-source/stud...
URI: https://pure.jgu.edu.in/id/eprint/2140

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