-The Times of India NEW DELHI: The government should reduce coverage under the National Food Security Act (NFSA) to 40% of the population from 67% and defer implementation of the scheme in states which have not complied with the rollout conditions, a panel appointed by Prime Minister Narendra Modi has recommended. The panel headed by former food minister Shanta Kumar submitted the report to the PM on Wednesday. Reforming the subsidy regime...
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‘Rising PDS theft reached Rs 48,000 cr in FY12’ -Sunil Jain
-The Indian Express Thefts from the public distribution system (PDS) are consistently rising and, according to the latest data for FY12, were a little over Rs 48,000 crore - or roughly the same as the median loss estimated by the CAG for the telecom scam of 2008. Just that unlike the 2G scam, the PDS theft happens every year. And its value rises as the costs of wheat and rice go up...
More »Storm in teacup: Food Security Act may leave 19 lakh families in Assam's tea gardens hungry -Simantik Dowerah
-FirstPost.com Uncertainty over the supply of subsidised foodgrain to over 19 lakh families in Assam whose livelihoods are linked to work in the tea gardens is threatening to not only spark dissent among workers but has got the industry leaders worried. To understand the impact, consider the case of Deepak Daori and Monica Daori - both workers at Mokalbari Tea Estate in Dibrugarh district. "We are worried that the our monthly ration might...
More »Cash transfers can save Rs 30,000 crore per year in food subsidies: Shanta Kumar -Dipak K Dash & Surojit Gupta
-The Times of India NEW DELHI: Conditional cash transfer instead of providing grains at subsidized rates to the poor under the Food Security Act can save at least Rs 30,000 crore annually, said Shanta Kumar, chairman of a panel set up to revamp the state-run Food Corporation of India (FCI). Kumar said linking cash transfer to conditions such as constructing toilets was one of the several options being considered to ensure every...
More »FCI finally gets leeway in grain storage -Sanjeeb Mukherjee
-Business Standard Total physical stock as on November 1 was 43 mt against the total covered storage capacity of 55 mt For the first time in many years, foodgrain stocks in the central pool are much less than the entire covered storage capacity available with the Food Corporation of India (FCI), thanks to some reduction in procurement and efficient management. This, as some officials said, effectively means the bulk of the rice procured...
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