-The Times of India NEW DELHI: Prime Minister NarendraModi on Friday vowed to push through change at a fast pace but said subsidies should be continued to protect the interests of the poor. Addressing the Economic Times Global Business Summit, the PM struck an optimistic note to say, "The New Age India has begun its transition, from a winter of subdued achievement lasting three to five years, to a new spring that...
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Karnataka cries foul over Centre’s ‘reduced’ role in PDS -Bageshree S
-The Hindu Minister writes to counterparts to galvanise support In an effort to galvanise States against the "unilateral and anti-people" stance of the Centre to the public distribution system, Minister of State for Food and Civil Supplies Dinesh Gundu Rao is writing to his counterparts across the country on the "reduced" role of the government in providing minimum support price to farmers in foodgrain procurement and the cut in kerosene quota to...
More »‘Rising PDS theft reached Rs 48,000 cr in FY12’ -Sunil Jain
-The Indian Express Thefts from the public distribution system (PDS) are consistently rising and, according to the latest data for FY12, were a little over Rs 48,000 crore - or roughly the same as the median loss estimated by the CAG for the telecom scam of 2008. Just that unlike the 2G scam, the PDS theft happens every year. And its value rises as the costs of wheat and rice go up...
More »Arvind Panagariya at Niti Aayog reveals Modi govt's disdain for public sector -G Pramod Kumar
-FirstPost.com Arvind Panagariya. The man is the message. When the 65 year old planning commission makes way for a putatively leaner NITI Aayog, the expectation is that it will change the era of centralised and top-down planning to a decentralised and participatory process. As expected, apart from the Congress ruled states, the move didn't face any noteworthy resistance. The Tamil Nadu government appeared to even rejoice its demise. However, what even the critics...
More »Food Subsidy Concept, Rationale, Implementation Design and Policy Reforms -Bhupat M Desai, Errol D'Souza, and N V Namboodiri
-Economic and Political Weekly This paper counters negative advocacy about the food subsidy, the public distribution system, and farm price supports. It argues that the public food supply chain for market intervention has a favourable impact on the cost-benefit ratio, poverty reduction, calorie consumption by the poor and productivity-led agricultural growth. The paper proposes reforms for the six pillars of the public food supply chain. These include: an alternative poverty line...
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