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Misplaced largesse for food security-Kathyayini Chamaraj

-Deccan Herald The very first announcement made by Chief Minister Siddaramaiah on taking charge as the new CM is that the unit system under the Public Distribution System (PDS) would be scrapped and 30kg of rice at Re 1/kg would be given to each Below Poverty Line (BPL) household, irrespective of the size of the family. This is estimated to cost Rs 2,373 crore a year, almost double the estimated Rs 1,200...

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Centre’s move will hit sugar supply: Jayalalithaa

-The Hindu CM criticises move to remove levy obligation on sugar mills Chennai: Chief Minister Jayalalithaa has strongly opposed the Centre's decision to remove the levy obligation on sugar mills, contending that it will impact on the public distribution system in the State. Under the levy obligation, as part of the regulation of the sugar sector, every sugar mill mandatorily surrenders 10 per cent of its production to the Central government at a...

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Ponzi puzzle stumps Amway

-The Telegraph The sudden arrest of Amway India's top brass on Monday has focused the spotlight on the crumbling fault lines and the grey areas in the demarcation between some of the world's best-known direct selling companies and the dodgy Ponzi schemes that promise huge returns to gullible investors and have lately grabbed all the sensational headlines in Bengal. William S. Pinckney, managing director of Amway India, and two directors of the...

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Rural India in decline-Niranjan Rajadhyaksha

-Live Mint The varying demographic trends in modern India could create disagreements in the political system There were 180 million more Indians in 2011 than a decade ago. Around half this increase in population came from the villages and half from the cities. The urban population actually grew slightly more than the rural population, perhaps for the first time in Indian history. The big picture is generally known. It is in the...

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RENOWNED ECONOMISTS ‘ELIMINATE’ MALNUTRITION

Argumentative Indians are at it again! After sparring over the poverty line and the actual number of poor, India's renowned economists have fired up a fresh debate over the extent of malnutrition. In the earlier debate, the Planning Commission ‘reduced' poverty on paper disregarding NSSO and official committees, including the NCEUS, which determined that 77% Indians survived on less than Rs 20 a day. Columbia university economist Arvind Panagariya has...

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