-The Indian Express The government today claimed there has been an "impressive improvement" in the performance of the targeted public distribution system (TPDS), with leakage reduced to about 10-15 per cent on average now from 40 per cent earlier. "The leakage, on an average, is nearly 10-15 per cent," said Minister of State for Consumer Affairs and Public Distribution KV Thomas said in a reply during Question Hour in the Rajya Sabha. The...
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Credit disbursements to dalit entrepreneurs drops 33.8% this fiscal by Divya Rajagopal
Lack of adequate credit - the lifeblood for any company is threatening to derail fledgling attempts by hundreds of dalit entrepreneurs to overcome deep socio-economic barriers and break into mainstream business. Without credit, such entrepreneurs would also struggle to cash-in on the Rs 7,000-crore business opportunity opened up by the central government's new dalit-friendly sourcing plan, unveiled last month. Credit disbursements to dalit entrepreneurs through 20-odd schemes run by the Ministry of...
More »Millet group demands local sourcing clause in Food Security Bill
-The Hindu Business Line The Millet Network of India (MINI), a group of associations that is promoting consumption of millets, has expressed concern about non-inclusion of local procurement provision in the latest version of the National Food Security Bill. In a letter addressed to Prime Minister, Dr Manmohan Singh and Ms Sonia Gandhi, Chairperson of United Progressive Alliance, MINI has demanded that this clause should be included again in the draft bill....
More »Getting the FDI in Retail Debate Back on Track by Mohan Guruswamy
The FDI in retail debate has apparently fully traversed the realm of reason and for it seems to have degenerated into name-calling. I had intimation of this when a diplomat who meets me from time to time asked me if I was being put up, for a price, by Indian corporate interests to stymie the entry of the big western firms like Wal-Mart and Carrefour? I can well imagine the...
More »Huguette Labelle, chairperson of Transparency International interviewed by ET
India has scored 3.1 (down from 3.3 last year) on a scale - where 10 indicates very clean and zero, highly corrupt - of Corruption Perceptions Index (CPI). The CPI focuses on corruption in the public sector, involving public officials, civil servants or politicians. The data sources used to compile the index include questions relating to the abuse of power and bribery of public officials, kickbacks in Public Procurement, embezzlement of...
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