-FnBNews The World Bank, like many analysts, is in favour of cash-transfer of subsidy for foodgrains to the poor in India. This suggestion was made in a recent report on Social Protection for a Changing India, drafted by the World Bank for the Government of India. Using the National Sample Survey data, the report stated that the Public Distribution System (PDS) continued to absorb substantial public resources at almost 1 per...
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India’s public distribution system faulty: World Bank
-News One Though India’s social sector spending is higher than many other developing countries, one of its flagship welfare programs — the public distribution system (PDS) — is fraught with leakages, a World Bank report said Wednesday. The PDS scheme, which consumes around one percent of the country’s gross domestic product (GDP) and covers upto 25 percent of the poor households, has had limited success, as only 41 percent of the...
More »EGoM likely to meet soon on wheat, sugar exports
The Empowered Group of Ministers is likely to meet soon to consider a proposal from the Agriculture Ministry to allow wheat exports in the wake of bumper production. "The EGoM is expected to meet in a week or 10 days," Minister of State for Commerce and Industry Jyotiraditya Scindia said here today. The ministers panel is headed Finance Minister Pranab Mukherjee and comprises Agriculture Minister Sharad Pawar , Commerce and Industry Minister...
More »Ashok Gulati, chairman of Commission for Agricultural Costs and Prices (CACP) interviewed by Ruchira Singh
The chairman of Commission for Agricultural Costs and Prices (CACP), Ashok Gulati, is a well-known proponent of reforms and an agricultural economist with diverse experience. Prior to taking charge of CACP, he was the International Food Policy Research Institute director in Asia. In an interview, Gulati spoke about the urgency for initiating reforms in the agricultural sector and made a strong case for intervention to check falling wheat prices either...
More »Do natural disasters deserve more attention than man-made one’s? by Prasanth Menon
While, the threats of a nuclear fall-out, borne out of a tragedy that happened in the Fakushima Nuke Plant in Japan, started a debate about the positives and negatives of nuclear energy. The media completely ignored the protests and the cries that were being carried out (in fact, for the last 10 to 15 years) in Northern Kerala as well as Southern Karnataka to ban the Pesticide Endosulfan. Perhaps, after the...
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