-The Financial Express Bihar, Chhattisgarh and Odisha have reported sharp falls in grain leakages through public distribution system (PDS) during the period between 2004-05 and 2011-12, according to an assessment by development economists Jean Dreze and Reetika Khera. In Chhattisgarh, which took several MEAsures such as digitisation of beneficiaries lists, fair-price shops and GPS tracking of foodgrain carrying trucks, the estimated grain leakage has reduced to only 9.3% in 2011-12 from 51.8%...

-HuffingtonPost.in   Corruption in the Public Distribution System has been cited by the Indian government as the main reason to go for cash transfers to low-income and below-poverty-line families that qualify for receiving them. Such corruption includes siphoning off grains MEAnt for the poor by middlemen and then selling them in the open market to make profit, or higher income families receiving subsidized food through collusion with officials. Both lead to leakages and...

-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...

-The Hindu While liberalisation's backers are not squeamish in admitting that democracy is an impediment to the free market economic model, farmers who are dispossessed of land argue that they are undercompensated and that the profit of private companies is not a public purpose Since it was passed by Parliament in September 2013, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR) has been criticised from...

-The Indian Express New Delhi: Bihar, along with Chhattisgarh and Orissa, have recorded the highest improvement among all states in the operations of their public distribution system (PDS), MEAsured by the extent of grain leakages taking place. Development economists Jean Dreze and Reetika Khera estimate that only 9.3 per cent of the foodgrains channeled through Chhattisgarh's PDS network failed to reach the intended consumers in 2011-12. This is a substantial reduction relative...