This is quite the WTF headline of the day:
I find it astonishing that no one questions the existence of the Food Corporation of India. If the free market was allowed to operate in agriculture, prices would be lower and distribution would be far more efficient, as supply would follow demand. We certainly wouldn’t have the perverse situation where lakhs of people are in danger of starving while government godowns overflow with grain. (Some of this grain, a friend informs me, may be as much as two decades old, which is beyond surreal.)
Imagine if there was a Soap Corporation of India, doing to soap what the FCI does to food. What a stink there would be.
(Link via email from Rajeev Mantri.)