The government will soon have to decide on the proposal of direct cash payments in lieu of food subsidy as a key committee of Parliament has asked the ministries concerned to decide quickly on the issue. This cash payment through smart cards is increasingly being seen as an option to prevent leakage in the public distribution system (PDS), and certain variants of the system are already being experimented with by...

With nearly 60% of the country’s population unbanked and the government pledging to bring banking to the lowest stratum of society, the Indian Institute of Management, Indore (IIMI), has decided to do its bit on financial inclusion. For its annual management summit Ahvan, the institute has decided to unveil a programme called Samanvay, where IIMI students will help underprivileged people in and around the campus open bank accounts and get...

Expressing concern at a large quantity of foodgrains rotting in the FCI godowns across the country, the CPI-M today demanded universal coverage of the people under the Public Distribution System (PDS) for proper utilisation of available food stocks. The government should consider universal coverage of the people under the PDS by dilution the criterian of APL or BPL for not only full utilisation of available foodgrains, but also to rein in...

Tribal-dominated Raygada district in Orissa on Wednesday became the first district in the country to have biometric rations cards and bar-coded ration cards for its million plus population. Designed jointly by the state government and the World Food Programme (WFP), the hi-tech biometric registration system aims to ensure that subsidised food goes only to those entitled to it. The district has been chosen as a pilot district by the World Food...

Bandicoots eat up over 50 lakh tonnes in FCI godowns, says BJP BJP delegation, led by party national secretary K. Laxman, visit godowns at Vanagapally State not releasing foodgrains as it wants middlemen to benefit: Laxman Bandicoots have eaten up over 50 lakh tonnes of foodgrains stored in the godowns of the Food Corporation of India (FCI), according to the revelations of a BJP delegation, led by party national secretary K. Laxman, that...