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Economic Survey: Focus on subsidy is Budget highlight: PwC

-MoneyControl.com The Survey calls for a re-prioritization of expenditure especially in the subsidy front by cutting down the subsidy bill in case of Oil and Fertilizer and by increasing the efficiency of Targeted Public Distribution System (TPDS) and Direct Benefit transfer.  “The Survey calls for a re-prioritization of expenditure especially in the subsidy front by cutting down the subsidy bill in case of Oil and Fertilizer and by increasing the efficiency of...

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KV Thomas, Food Minister interviewed by Ragini Verma and Liz Mathew

-Live Mint In an interview, India’s food minister says the Bill is about making the Right to Food a legal entitlement Prospects for the National Food Security (NFS) Bill—United Progressive Alliance (UPA) chairperson Sonia Gandhi’s dream legislation—haven’t looked better. Food minister K.V. Thomas, in charge of fine-tuning the contours of the Bill, is confident of steering it through Parliament during the budget session. In an interview, Thomas said the Bill isn’t merely...

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A 'Cost-Benefit' Analysis of UID-Reetika Khera

-Economic and Political Weekly A cost-benefi t analysis by the National Institute of Public Finance and Policy of the benefits from Aadhaar integration with seven schemes throws up huge benefi ts that are based almost entirely on unrealistic assumptions. Further, the report does not take into account alternative technologies that could achieve the same or similar savings, possibly at lower cost. Reetika Khera (reetika.khera@gmail.com) is at the Institute of Economic Growth on...

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Panel to submit food Bill report on Jan 16 -Sandip Das

-The Financial Express Notwithstanding ‘serious differences’ among its members, a parliamentary panel reviewing the National Food Security Bill, 2011, will submit its report to the Lok Sabha Speaker on Wednesday. The government aims to introduce the Bill in the forthcoming Budget session of Parliament. FE had reported last month that the panel would submit its report by mid-January. The 31-member panel, chaired by Lok Sabha MP Vilas Muttemwar, had been examining the Bill...

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States fail to take full delivery of grain under TPDS scheme -Sandip Das

-The Financial Express As the Centre braces for an expanded distribution of grain among the poor under the national food security law, here’s a sobering thought. According to the latest official data, various state governments have failed to utilise even the grain allocated under the Targeted Public Distribution System (TPDS). During the last three fiscal years, states have not been able to take the full delivery of grain — mostly rice and...

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