-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...
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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...
More »Food Corporation of India in need of restructuring as corruption mars operations -Prabhudatta Mishra and Pratik Parija
-Livemint India is closer to breaking up FCI as graft and waste leave 255 million people without enough to eat New Delhi: India is closer to breaking up Food Corporation of India (FCI), an agency at the heart of the world's largest public food distribution programme for the poor, as graft and waste leave 255 million people without enough to eat. "Private companies should buy, store and distribute the grains as much...
More »Food law adrift as government trims grain purchases -Sanjeeb Mukherjee
-The Business Standard The NDA is looking to reduce fiscal deficit not by chopping social sector spending but by paring it down Finance Minister Arun Jaitley is fairly confident the government will meet this year's fiscal deficit target. At 4.1 per cent of gross domestic product the deficit looked looked like a bit of stretch in July but the food subsidy, for one, is not going to balloon as in previous years. The...
More »To Be or Not to Be: NFSA Dilemma Continues -Sankar CG
-The New Indian Express PALAKKAD: With only ten days remaining for the announced date for implementing the UPA government's ambitious social welfare programme, the National Food Security Act (NFSA) on November 1, the state government is still not sure about its implementation. At a time when district supply officers are busy sealing NFSA on BPL, Anthyodaya and other special cards to distinguish cards eligible for rice under NFSA, they are kept in...
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