The Supreme Court tells the government: "It's criminal to let food rot in a chronically hungry country. Give it away free to the poor." It could have added: "Have you no political sense? Have you not read Anandamath, or at least seen the movie?" And Manmohan Singh ticks it off for transgressing on policymaking — doesn't it know there's no such thing as a free lunch? He could have added:...

The Union government has been widely criticised for letting foodgrain rot in its godowns, while food prices soar and millions remain underfed. In its defence the government has spoken about the fiscal cost of selling these stocks. However, the underlying problem of excessive procurement and overstocking of foodgrain has not received as much attention. The government has claimed that official agencies have been mopping up over 99.5 per cent market...

The original report on ‘paid news' of the Press Council of India sub-committee is relegated to the archive. Then too, it does not even appear on the PCI's website. Presented with a chance to make history, the Press Council of India has made a mess instead. The PCI has simply buckled at the knees before the challenge of “Paid News.” Its decision of July 30 to sideline its own sub-committee's report...

HCL Infosystems' led consortium with Accor Services and Virgo Softech has bagged a contract from Madhya Pradesh government for implementing food coupon-based targeted public distribution systems (PDS) in the state. According to a company release, the project would involve setting up a model of food and civil supplies distribution in the state based on the Unique Identification Authority of India (UIDAI) guidelines. The order is for over 10 million expected...

There's not much you can buy in terms of assets for Rs 1 lakh. But two Delhi businessmen gained access to a multi-crore iron ore mine in Chhattisgarh for just this much. On June 2, 2004, two brothers, Atul Jain and Sanjay Jain, pooled together Rs 1 lakh in Delhi to set up a company, Pushp Steel and Mines Ltd. The same day, the company applied for a prospecting licence...