-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,...
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Will Modi ‘waste’ his mandate?-Sunil Jain
-The Financial Express Even in the BJP's Chhattisgarh, the costs of running the PDS outweigh the benefits-Aadhaar is the obvious answer The first nail in Aadhaar's coffin, it has to be said, was driven in by none other than Nandan Nilekani. The day the father of the UIDAI's Aadhaar decided not to be a technocrat anymore, and chose to become a Congressman, he gave Aadhaar a distinct political flavour. It was now...
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 »Foodgrain godowns of 203.76 lakh MT to be constructed in 19 states
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The Government has formulated a Private Entrepreneurs Guarantee (PEG) Scheme for creation of storage capacity mainly through Private Entrepreneurs, Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs)/State Agencies. Under this scheme, a capacity of 203.76 lakh MT has been approved for construction of godowns at various locations in 19 states. Out of this, tenders have been sanctioned for 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...
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