-The Indian Express How Punjab is making the best use of the flawed public distribution system. Inclusive economic growth is a political, economic and social necessity. The question is: what is the right strategy to ensure this? Most of our programmes to help the underprivileged have suffered from leakages and inefficiencies, so that the benefits have not accrued to the targeted groups but the strain on our fiscal deficit remains. Subsidies are...
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Wheat procurement in 2014-15 may slip, says food secretary
-The Business Standard However, PDS won't be hampered as govt hold 48 mn tonnes in its warehouses The government on Tuesday said its wheat procurement for the 2014-15 marketing year (ending March 2015) is likely to be below the last year's level of 25 million tonnes (mt) due to poor quality of the crop. However, for a government which has been battling lack of storage space during the ongoing wheat procurement season,...
More »Food subsidy can fill poverty gap, twice-Puja Mehra
-The Hindu Union Finance Minister P Chidambaram's estimate for India's 2014-15 food subsidy bill of Rs 1,15,000 crore in the interim budget is more than twice of India's Poverty Gap, or the cost of pushing all households above the poverty line if cash transfers were used instead. The Poverty Gap for India, as per the latest NSSO Consumption Expenditure Survey data available (for the year 2011-12) is Rs. 55,744 crore. A...
More »FCI to Increase Inter-Regional Movement of Foodgrains
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) In view of increased foograin movement requirement for the implementation of National Food Security Act, FCI has been making efforts to increase Inter-regional movement of foodgrains. It has been) has been rising over the years as under:- It is estimated that for the National Food Security Act (NFSA) implementation, against the allocation of 614.43 lakh tonnes, the...
More »India Wasted 1.94 L MT Foodgrain From 2005-13: Report
-Outlook Thane: As much as 1,94,502 metric tonnes of food grain worth crores of rupees was wasted in India due to various reasons between 2005 and March 2013. The Food Corporation of India (FCI) has given this information in reply to an RTI query sought by a city-based activist Om Prakash Sharma. He had filed an RTI query last month and sought information about the food grain wastage in India, which he got...
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