-The Times of India NEW DELHI: India is home to the largest number of poor with one-third of the world's 1.2 billion extreme poor living here. It also had the highest number of under-five deaths in the world in 2012, with 1.4 million children dying before reaching their fifth birthday, according to the UN Millennium Development Goals report 2014. poverty rates in Southern Asia fell from 51% in 1990 to 30% two...
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Why FCI needs professionals to sell its foodgrains -Tejinder Narang
-The Hindu Business Line The primary mandate of the Food Corporation of India (FCI) acting under directions of Food Ministry is to service requirements of the public distribution system (PDS) in association with State Government Agencies (SGAs). But over the years, FCI has also been called upon to intervene in managing market prices, albeit with little success. FCI efficiently procures wheat, paddy/milled rice but faces odds while selling surplus grains in the...
More »Subsidised wheat: CAG points out over Rs. 18 cr avoidable expenditure
-The Hindustan Times Chandigarh: The Comptroller and Auditor General of India (CAG) has pointed out an avoidable expenditure of Rs. 18.59 crore on giving subsidised wheat to more than 1.73 lakh ineligible below poverty line (BPL) card holders in Haryana between December 2011 and March 2013. The CAG report on social, general and economic sectors, tabled in the Haryana Vidhan Sabha on Monday, pointed out that the Haryana food and supplies department...
More »India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
More »High rice prices lead to reduced consumption: Survey
-PTI New Delhi: Rising prices of rice in the open market prompted households to reduce consumption and rely on ration shops to buy it at controlled rate, shows a government survey. According to the NSSO survey, Indian families consumed less rice in 2011-12 but their purchases of the commodity under Public Distribution System (PDS) doubled in villages and rose by 66 percent in cities. The monthly per capita rice consumption in villages was...
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