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Correct costs of the Food Security Bill-Bharat Ramaswami, Milind Murugkar and Ashok Kotwal

-The Financial Express Food Security Bill will raise the subsidy burden by 18%. The debate should be about the rise in costs of households due to leakages in PDS and price hike of other nutritious food items, and how these costs can be minimised by DBT In a recent article, Surjit Bhalla ("Manmonia's FSB: 3% of GDP", July 6, Financial Express-http://goo.gl/qoIbd3) has asserted that the Food Security Bill will cost 3% of...

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Chouhan's Madhya Pradesh steals Congress’ direct benefit transfer thunder

-The Times of India NEW DELHI: As the Centre stitches together its plan to roll out the direct benefit transfer (DBT) scheme, BJP-ruled Madhya Pradesh seems all set to achieve full coverage of some benefits through the scheme. The DBT scheme has been touted as a game-changer for the ruling Congress party in the lead-up to the general elections in 2014. Ironically, a BJP-ruled state seems to have taken the lead to...

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DBT rollout: Key dept shifted from Planning Commission to Finance Ministry

-PTI NEW DELHI: Keen to hasten the Direct Benefit Transfer (DBT) scheme, Prime Minister Manmohan Singh today shifted a key department overseeing its implementation from the Planning Commission to the Finance Ministry for "better coordination" and "resolution of inter-ministerial issues". The DBT programme has covered over 2.8 million LPG transactions valued at Rs 116 crore in the seven weeks since it was launched, the Prime Minister's Office said here today. "In order to...

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Soon, buy 5kg cooking gas refills at petrol pumps-Sanjay Dutta

-The Times of India NEW DELHI: Within a fortnight, you may be able to pick up a cooking gas refill from petrol pumps owned and operated by state-run oil companies in the four metros and big cities such as Bangalore and Hyderabad. Oil minister M Veerappa Moily on Tuesday approved the proposal allowing sale of 5-kg cylinders at commercial rate. The cost of the small refill will be Rs 361, oil company...

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Despite concerns, government to roll out Aadhaar-based cash transfer from Jan 1 -Sidhartha & Surojit Gupta

-The Times of India NEW DELHI: The government is all set to announce a national rollout of direct benefit transfer (DBT) of cooking gas subsidy in Aadhaar-using states from January, despite oil marketing companies pointing out several shortcomings in the current system. The decision was taken at a meeting convened by petroleum minister VeerappaMoily on Tuesday and a formal announcement is expected in the next few days, senior government officials told TOI....

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