The 2012-13 Budget may not have to provide as big a jump in the food subsidy bill as expected earlier. This is because of a series of measures initiated by the government to cut wastage and improve efficiency, food minister KV Thomas has said. The measures that would bring down the need for funds include the Targeted Public Distribution System (TPDS) and the setting up of modern grain storage facilities, which...
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Do we need the Aadhar scheme?
-The Business Standard Its guarantee of non-duplication can have far-reaching cost benefits but it has deep design flaws that can be compromised. PRAVEEN CHAKRAVARTY Former Volunteer, Financial Inclusion, UIDAI* “Aadhaar is an unadulterated identity programme that answers the question: Is the individual who he or she claims to be?” The word “unique”, and not “identity”, is central to the unique identity programme or Aadhaar. It may be true that the vast majority of people possess some...
More »FCI pays 30% less, forces distress sale by Sidhartha & Surojit Gupta
Farmers across the country are entitled to get Rs 1,080 a quintal (100kg) asminimum support price for paddy. But surprisingly, a team from the Centre that visited Bihar and Uttar Pradesh last week found that theFood Corporation of India (FCI) was paying nearly 30% less. With little procurement taking place in these states, farmers have been left with no option but to go for distress sale. The result: In procurement centres...
More »Suicide blame on paddy
-The Telegraph A farmer in his mid-thirties killed himself in a Burdwan village early this morning, a mountain of debt driving him under after he was apparently forced to sell paddy to middlemen at a lower price. Tapas Majhi’s suicide comes at a time three Bengal agencies tasked with procuring paddy directly from farmers and mill owners have been able to meet just 10 per cent of their target because of lack...
More »Digitisation helps weed out 2.96 crore bogus ration cards by Gargi Parsai
Centre convenes meeting of State Food Ministers on PDS modernisation A concerted move by the Centre to encourage the States to digitise ration cards has enabled it to weed out 2.96 crore bogus ration cards from the public distribution system. Of an estimated 10.56 crore ration cards, the number of cards has come down to 7.6 crores, Union Minister of States for Food and Consumer Affairs K.V. Thomas told journalists here. Bogus...
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