The Prime Minister-appointed panel on Food and Public Distribution System (F&PDS) headed by Deputy Chairman Planning Commission Montek Singh Ahluwalia has suggested that the current system of distributing PDS foodgrain per household should be replaced with per capita allocation. According to National Sample Survey (NSS) data, lower income households have more members per family than higher income households, the panel has said in its draft report. Justifying its suggestion as a “progressive...
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Import price of phosphatic & potash fertilisers raised
The government on Thursday raised the benchmark prices at which fertiliser companies and designated traders can import phosphatic and potash fertilisers with subsidy support so that farmers have uninterrupted supply of plant nutrients in the coming monsoon season despite higher global prices. The subsidy given to companies for making the commodity available to farmers, is computed based on the notified benchmark prices. The decision to raise the prices of imported di-ammonium...
More »EGoM to decide on grain export, food bill on Monday by Sanjeeb Mukherjee
The empowered group of ministers (EGoM) expected to meet on Monday is expected to take a view on an agriculture ministry proposal to export wheat and rice. The proposal is not backed by the food ministry, which wants to take into consideration the interest of consumers, and its own compulsions under the proposed food security bill, before moving on exports under an open general licence. Officials said the food ministry is...
More »MNC may need govt nod to buy local pharma firm by Khomba Singh
The government may approve acquisitions of local drugmakers by global firms on a case-by-case basis on certain conditions to ensure availability of medicines at affordable prices, despite calls for restrictions on such deals in the wake of a spate of takeovers in the last three years. Multinationals may have to move buyout proposals through the Foreign Investment Promotion Board (FIPB), allowing the government to understand the firm's rationale for buying a...
More »Breaching citadels by Harsh Mander
That accountability is vital in a democracy was reinforced at a National Convention of the National Campaign for the People's Right to Information held in Shillong recently… If governments do not investigate corruption, people should have the right and power to do so themselves. When the idea of a people's legal right to information took initial shape in the dusty villages of Rajasthan nearly two decades ago amidst people's struggles for...
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