Increasing the prices at which people living above the poverty line are offered monthly foodgrains under the proposed Food Security Act could now offset the cost of increased food subsidy for the poor. The Planning Commission is going to suggest that the government offer only 25 kgs of foodgrains to those living above the poverty line (APL) at the same price as it costs the government to buy up the...
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‘Bad management to blame for food inflation'
Planning Commission Member, Professor Abhijit Sen, has observed that bad management of food grains and a high economic growth rate, particularly in the non-agricultural sectors, had led to spiralling prices of food grains. Prof. Sen was delivering the Prof. L S. Venkataramanan Memorial Lecture on ‘Inclusive Growth', at the Institute for Social and Economic Change, here on Thursday. Prof. Sen said the economic growth rate of 9 per cent led to increased...
More »Justice Wadhwa Committee slams the PDS
The Central Vigilance Committee on Public Distribution System (PDS) headed by Justice (rtd) DP Wadhwa has come down heavily on the Public Districution Syetem in its recently submitted report. The committee has ruled that the whole system of procurement and distribution of food grains is built on corruption and its benefits to the poor are low. His prescription: Innovative methods to improve the system. "The whole system has to be...
More »‘Calculate eligible BPL families for Rs. 3 a kg food grains' by Gargi Parsai
The Empowered Group of Ministers (EGoM) on Friday urged the Planning Commission to work out the number of Below Poverty Line (BPL) households and the households' size that would be eligible for Rs. 3 per kg discounted food grains under the proposed National Food Security Bill. The Tendulkar Committee report had placed the BPL percentage at 37.2 which, at 2005 population and household size, works out to about 7.14 crore households...
More »A Bellyful Of Proposals by Bhavdeep Kang
THE FLAGSHIP scheme of UPA II, the proposed National Food Security Act (NFSA), has become a policymaker’s nightmare. If suggestions by the Finance Ministry (reportedly at the instance of Congress President Sonia Gandhi) and the state governments are incorporated, the yearly food grain requirement would be close to 80 million tonnes. But considering food grain procurement in an average year is 40 to 41 million tonnes — half the amount...
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