Flaws In The PDS… Poor verification norms, over two crore bogus BPL cards Over 1.2 crore BPL families don’t have a ration card No monitoring, resulting in pilferage, gaps in delivery, poor quality foodgrains Poor profit margins a major cause for corruption Lack of information hinders benefits from reaching the poor …and the Solutions Base fair price shops on new business model The Centre takes ‘responsibility’ for delivery in states Make verification...

Kaushik Basu, the current Chief Economic Adviser to the Ministry of Finance, had a 15-year-long stint as Professor of Economics at Cornell University. The Padma Bhushan awardee has been working closely with the Finance Ministry and the Prime Minister to chart the country’s future growth path. He spoke to MANAV CHOPRA about the need for better monitoring to ensure growth doesn’t happen at the expense of social justice. Excerpts: A common...

The proposed Food Security Bill should adopt a three-pronged strategy that constitutes a Universal Public Distribution System for all, low-cost foodgrains to the needy, and convergence in the delivery of nutrition safety net programmes.  In his latest budget speech, Finance Minister Pranab Mukherjee announced: “We are now ready with the draft Food Security Bill which will be placed in the public domain very soon.” Although no official draft has been...

Ralegan Siddhi (Maharashtra): Social activist Anna Hazare, who began an indefinite hunger strike on Tuesday, has alleged that the Congress-Nationalist Congress Party government in Maharashtra is wasting public money by allowing Ministers to spruce up their already well-furnished cabins. “The State is reeling under a debt burden and Ministers are busy spending lakhs on renovating their cabins.” Mr. Hazare began his fast here on the occasion of Gudi Padwa, the Marathi...

WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...