-Down to Earth The most controversial aspect of the food security law is the restructuring of the public distribution system to cover an unprecedented 67 per cent of the population, most of them in the poorer states. LATHA JISHNU, JYOTIKA SOOD and SUCHITRA M explain why there are winners and losers in the new dispensation and how states with better PDS will have to find huge resources to keep their numbers...
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Newly introduced provision in Food Security Bill to cost additional burden of rs 1000 crore: Tamil Nadu Govt-TE Narasimhan
-The Business Standard Chief Minister J Jayalalithaa in a letter to the Prime Minister said "the newly introduced proviso leaves the fixation of the issue price to the discretion of the Central Government. Chennai: The Tamil Nadu government today said that the newly introduced proviso leaves in the Food Security Bill for the fixation of the issue price to the discretion of the Central Government would lead to an additional burden...
More »Rs 44,000 crore worth of food go waste every year: Sharad Pawar
-PTI NEW DELHI: Due to lack of adequate storage infrastructure, fruits, grains and vegetables worth Rs 44,000 crore go waste every year, Food Processing Industries Minister Sharad Pawar informed Rajya Sabha on Friday. Pawar said during Question Hour that the value of annual wastage of fruits and vegetables was estimated at Rs 13,309 crore. However, if the wastage value of rice, wheat, cereals and others are taken into account, it would go...
More »CAG slams govt on capital spending, rural job schemes
-The Financial Express Amid the government's efforts to curb fiscal deficit, the Comptroller and Auditor General (CAG) on Tuesday criticised the Centre for cutting down on capital spending, over-stating spending on centrally sponsored schemes and doling out some subsidies without obtaining Parliament approval. UPA's flagship scheme Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) also came under the scanner with the CAG questioning whether the entire amount booked for the job scheme...
More »Government seeks to woo Nitish with new backward state measure
-The Times of India NEW DELHI: An expert committee under chief economic advisor Raghuram Rajan has identified 10 parameters for a new Composite Development Index, whose adoption by the Centre will change the way thousands of crores are transferred annually and can potentially set the stage for realignment of political forces in Bihar before the 2014 polls. The new index seeks to rate states on the basis of their distance from the...
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