-PTI New Delhi: The Government has eliminated 1.6 crore duplicate and bogus ration cards that will help save about Rs 10,000 crore in subsidy bill annually, said Finance Secretary Ashok Lavasa. In addition, the Government has saved Rs 14,872 crore by offering subsidy on cooking gas (LPG) directly to consumers and direct benefit transfer is planned to be extended to 150 schemes by the end of this year, he told PTI here. DBT...
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How to combat food price rise before its too late -Lekha Chakraborty and Pinaki Chakraborty
-The Financial Express Persistence of high food inflation can harden the monetary policy stance and make fiscal choices difficult Food inflation increased to 7.9% in May 2016 as against 4.23% in April. This sudden spurt in food inflation is attributed to vegetable prices, followed by pulses and sugar. Is this a short-term spike or will it be a persistent one? If it is going to be a persistent one with pass-through effects,...
More »The fruits of India's National Food Security law are finally showing on the ground -Anumeha Yadav
-Scroll.in Like Chhattisgarh earlier, now West Bengal, Odisha, Madhya Pradesh are covering over 80% rural poor under the ration system, and have reduced grain pilferage. Is the public distribution system in India irreparably dysfunctional, or can it effectively provide nutrition and economic support to the poor? In the last three years since the National Food Security law was passed, a number of state governments have expanded the provision of subsidised foodgrain, and the...
More »Bengal’s PDS doing enormously well, says Jean Dreze -Suvojit Bagchi
-The Hindu Dreze made the statement in an interview with The Hindu following a survey in six States, including West Bengal. Under a month of its emphatic victory in Bengal election a very definitive reason of Trinamool Congress’ [TMC] success was indicated by economist Jean Dreze. The Public Distribution System [PDS] has performed “enormously well” in Bengal, since the passage of the National Food Security Act [NFSA] in 2013, said Mr Dreze. Mr...
More »The bitter tales of Shamli’s sugarcane farmers: ‘Netas talk palayan (exodus), our issue bhugtan (payment)’ -Harish Damodaran
-The Indian Express Even though Shamli tops in sugarcane production, there is nearly Rs 300 crore dues for district farmers. Shamli/ Kairana: Mohkam Singh supplied 22 buffalo carts of cane, each laden with 18 quintals, to the sugar mill at Shamli belonging to Sir Shadi Lal Enterprises Ltd in the 2015-16 crushing season. These 400 quintals should have fetched about Rs 1.12 lakh at the Uttar Pradesh government’s state advised price (SAP)...
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