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Keynes-Hayek dilemma by KP Prabhakaran Nair

With more than 400 million Indians going to bed hungry each day, food security has become a crucial issue. On June 4 last year, the president made an announcement: “My government proposes to enact a new law — the National Food Security Act — that will provide statutory basis for a framework which assures food security for all. Every family below the poverty line in rural as well as urban...

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Plan panel against PDS for all, to propose differential pricing by Nistula Hebbar

To avoid a big burden on the exchequer from the proposed food security law, the Planning Commission will propose some key changes to the plan, including a virtual abandonment of the concept of universal public distribution system (PDS) endorsed by the Sonia Gandhi-led National Advisory Council (NAC). Commission deputy chairman Montek Singh Ahluwalia in a presentation to Gandhi later this week would suggest that under the proposed scheme, grain be...

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Surrender bogus ration cards or face penal action: Centre by Gargi Parsai

174 lakh bogus cards were cancelled in various States in the last one year Ministry tells States, Union Territories to issue ads in newspapers The Centre has warned bogus ration card holders to surrender their cards or face penal action. As part of a campaign, the government has cancelled about 174 lakh bogus ration cards in various States in the last one year. In a recent letter to the States and Union Territories, the...

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Govt mulls cuts in sugar mills' contribution towards PDS

Anticipating better production in 2010-11 sugar year starting next month, the government may cut the quantity of sugar that mills have to contribute for supply through ration shops to 12 per cent of country's total output from the current 20 per cent. "We are seriously considering to cut the levy sugar obligation on mills from the current level to 12 per cent in anticipation of higher production in 2010-11 season,"...

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Crucial National Advisory Council meeting Sep 24

A crucial meeting of the National Advisory Council (NAC), which may finalise the draft food bill, will be held Sep 24, informed sources said here Monday. The previous meeting, chaired by NAC chairman Sonia Gandhi, Aug 30 could not finalise the draft bill, which should be sent for the government's consideration, as there was no consensus among the NAC members on whether to confine food security only to people below poverty...

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