-The Hindu Shanta Kumar panel favoured a drastic cut in beneficiaries The Narendra Modi government is not in a hurry to accept the controversial recommendation of the Shanta Kumar panel to cut the public distribution system beneficiaries for subsidised foodgrains to 40 from 67 per cent under the National Food Security Act, highly placed government sources have indicated to The Hindu. With several crucial Assembly elections in the offing this and the next...

-The Hindu Measures on urea, LPG, kerosene to go The Modi government is putting on hold its plans for some key economic reforms Union Finance Minister Arun Jaitley had announced in his maiden Budget last July. These include decontrol of urea prices, fewer subsidised cylinders a year and withdrawal of kerosene from the public distribution system (PDS). Fertilizer Minister Ananth Kumar told The Hindu that the administered price controls for urea would stay. "We...

-Business Standard The move will reduce demand for diverted PDS kerosene by improving availability of non-PDS kerosene in the open market The petroleum ministry on Tuesday announced that the government has freed regulatory control over storage, transportation and sale of kerosene sold outside of the public distribution system (PDS). To facilitate the move, aimed at increasing availability of white or market-priced kerosene, the government has amended the kerosene (restriction on use and fixation...

-The Indian Express The finance minister plans to scrap the supply of subsidised kerosene through the public distribution system (PDS) and high time, too. To begin with, why has the kerosene subsidy needed reform for decades and yet reform never materialised? Kerosene obtained through the PDS, being cheaper, is used to adulterate diesel and petrol. Kerosene leakages in the PDS are estimated to be 40 per cent of total allocations. The diversion...

-The Economic Times NEW DELHI: In a major boost to reforms in food procurement and distribution, the Food Corporation of India (FCI) has assured the government it will be able to implement major recommendations of the high-level panel that has recommended a complete revamp of the body that plays a key role in the country's food security. The panel has made path-breaking recommendations such as direct cash transfer for fertilizers and grains...