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Rohit Singh
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Thu, 29 Mar 2007

On Roads, Hell and Good Intentions

Fifty years ago, newly independent India was not particularly good at growing enough food to feed itself. Later, with the aid of people like Norman Borlaug, the productivity of Indian farm-lands improved. Another big factor, however, was the government's increased role in procurement and distribution by setting up the Food Corp of India (FCI) and Minimum Support Prices (MSP) on staples like wheat and rice. I'm sure the MSP saved many a poor farmer from loan sharks.

However, like many good things an excess of zeal in procurement can be harmful.

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