The Supreme Court (SC) surprised many on Monday when it appreciated the Centre’s effort to implement its suggestion and allocate additional 25 lakh tonnes of wheat and rice at a reduced price to people living below poverty line (BPL) within six months. The court had at an earlier hearing taken exception to the Union agriculture ministry’s silence on its suggestion to consider allocating “free” or at low cost wheat likely to...
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More foodgrains for poor at BPL rates by Gargi Parsai
Decision comes in the wake of court's concern In the wake of the concern expressed by the Supreme Court at foodgrains rotting, the Union government on Thursday decided to release an additional 2.5 million tonnes of rice and wheat to the States for distribution to the poor under the Targeted Public Distribution System. The grain will be sold at Below the Poverty Line (BPL) rates in the next six months. It was also...
More »Poor storage not behind high food prices: Economic advisor by Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
More »Poor storage not behind high food prices: Economic advisor - Nivedita Mookerji
The wastage of millions of tonnes of food grain due to lack of storage facilities may have rocked parliament and prompted the Supreme Court to direct the government to distribute grains free of cost to the poor, but Kaushik Basu, chief economic advisor in the finance ministry, believes lack of warehouses is only part of the problem and is in no way responsible for the rising food prices. In ‘The economics...
More »More foodgrains for poor at BPL rates
Decision comes in the wake of court's concern In the wake of the concern expressed by the Supreme Court at foodgrains rotting, the Union government on Thursday decided to release an additional 2.5 million tonnes of rice and wheat to the States for distribution to the poor under the Targeted Public Distribution System. The grain will be sold at Below the Poverty Line (BPL) rates in the next six months. It was also...
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