The Sheila Dikshit government is ready to shut PDS shops in Delhi, ringing the death knell for not only the poor but also the middle class because black marketers will have a free run said Arvind Kejriwal, civil society activist and founder of Parivartan. Instead, the government proposes that Rs 1,000 be deposited in the bank accounts of the women of BPL families for buying foodgrain. Even though PDS is not...
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Central Delhi to be test case for cash transfer by Sobhana K
The Delhi government might be the first in the country to implement the cash-transfer scheme, replacing the existing public distribution system (PDS). The Food and Civil Supplies Department is in the final round of discussions with the Union government on the issue. Though the Delhi government had put forward this proposal almost three years ago, it had been in cold storage ever since. The project has now been revived. Central Delhi,...
More »Food ministry seeks delay in ethanol blending plan by Prabha Jagannathan
The food ministry is set to oppose the mandatory 5% ethanol blending programme, fearing diversion of foodgrain for manufacture of ethanol. The ministry has called for the report of the expert panel headed by Planning Commission member Saumitra Chaudhuri in order to "review" the programme. The petroleum ministry was expected to soon send the report to the Cabinet Committee on Economic Affairs for a final decision after factoring in the dissent notes...
More »National Advisory Council to prevail on food security law by Prabha Jagannathan
The government is likely to accept most of the recommendations of Sonia Gandhi-led National Advisory Council (NAC) on the proposed food security law despite warnings that the suggestions would add to subsidy burden, increase dependence on imports and distort the country's food economy. The food ministry has set out plans that are in line with the NAC's proposal to widen the scope of the legislation, which seeks to provide legal...
More »Food Inflation in India to Climb on Labor, Energy Costs, Commission Says by Prabhudatta Mishra and Pratik Parija
Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...
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