-The Hindu Despite India spending over two per cent of GDP in social protection schemes, their returns in terms of poverty reduction are yet to reach full potential, a World Bank report has said, pointing to “high leakages” in PDS and “uneven implementation” of MNREGA across states. The report, the first comprehensive review of India’s social welfare and anti-poverty initiatives, said about 60 per cent of grains released by government under public...

-PTI   Despite India spending over 2% of GDP in social protection schemes, their returns in terms of poverty reduction are yet to reach full potential, a World Bank report has said, pointing to "high leakages" in PDS and "uneven implementation" of MNREGA across states. The report, the first comprehensive review of India's social welfare and anti-poverty initiatives, said about 60% of grains released by government under public distribution system did not reach...

Blames FCI’s internal bureaucracy for resisting reforms Much to the dismay of several NGOs that want strengthening of the public distribution system (PDS) in India, the World Bank in its latest report has favoured cash transfers. “In the medium to long term, the report recommends offering households the option of a cash transfer while continuing food-based support for specific situations…,” the bank said in the report titled ‘Social Protection for a Changing...

India spends more on programs for the poor than most developing countries, but it has failed to eradicate poverty because of widespread corruption and faulty government administration, the World Bank said Wednesday. “India is not getting the ‘bang for the rupee’ that its significant expenditure would seem to warrant, and the needs of important population groups remain only party addressed,” John D. Blomquist, lead economist at the World Bank, wrote in...

India’s public distribution system has limited benefits due to huge leakage and wastage, World Bank said on Tuesday. It also recommended cash transfer as an alternative to provide subsidised food for the poor. “No country in the world has a well-functioning PDS system. India is no exception,” World Bank said in its report Social Protection for a changing India that was launched here Tuesday. “The public distribution system continues to absorb substantial...