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Govt spends Rs 3.65 to deliver Rs 1-worth food; 57% of subsidized food doesn't reach beneficiaries -Mahendra Kumar Singh

-The Times of India NEW DELHI: The government spends Rs 3.65 to deliver Re 1 of food while 57% of subsidized food grains do not reach the intended beneficiaries. These startling findings by the Independent Evaluation Office point to massive corruption and pilferages in the existing Public distribution System. The agency's initial findings reveals that close to 36% of food grains are siphoned off in the supply chain, raising a serious question...

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National Food Security Act a landmark legislation, says IMF

-PTI WASHINGTON: The International Monetary Fund today described India's National Food Security Act as a landmark legislation which is an important effort to ensure that a majority of the population has access to adequate quantities of food at affordable prices. "The legislation is a landmark, representing the largest food security programme in the world, involving the distribution of subsidised grain to two-thirds of India's population of 1.2 billion," the IMF said in...

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Foodgrain godowns of 203.76 lakh MT to be constructed in 19 states

-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The Government has formulated a Private Entrepreneurs Guarantee (PEG) Scheme for creation of storage capacity mainly through Private Entrepreneurs, Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs)/State Agencies. Under this scheme, a capacity of 203.76 lakh MT has been approved for construction of godowns at various locations in 19 states. Out of this, tenders have been sanctioned for a...

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Food subsidy increased to Rs 1,15,000 crore

-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The Government has increased the food subsidy to Rs 1,15,000 crore for financial year 2014-15, mainly for implementation of the National Food Security Act. It is Rs 23,000 crore more than the revised estimates of Rs 92,000 crore for 2013-14. Significant increase in the subsidy has been made to fulfill the Government's commitment to implement the National Food Security Act...

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Public distribution System Reforms and Consumption in Chhattisgarh -Prasad Krishnamurthy, Vikram Pathania, and Sharad Tandon

-Economic and Political Weekly   Chhattisgarh's Public distribution System reforms have been lauded as a model for the National Food Security Act, and as one that other states can emulate. Previous research has shown that PDS rice consumption increased in Chhattisgarh following reforms by the Raman Singh government, which began in 2004. However, one-third of PDS rice consumption growth in Chhattisgarh took place before 2004. This finding suggests that the pre-2004 reforms...

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