The current perception that cash transfers can replace public provision of basic goods and services and become a catch-all solution for poverty reduction is false. Where cash transfers have helped to reduce poverty, they have added to public provision, not replaced it. For crucial items like food, direct provision protects poor consumers from rising prices and is part of a broader strategy to ensure domestic supply. Problems like targeting errors...

Pawar said the excess wheat is not to be opened for export until it is assessed how much grain will be needed for distribution under the National Food Security bill Agriculture minister Sharad Pawar Monday said the government will take a final view on lifting the export ban on wheat and non-basmati rice after assessing foodgrains requirement under the proposed National Food Security Act. Last month, Pawar had said that the government...

-FnBNews   The World Bank, like many analysts, is in favour of cash-transfer of subsidy for foodgrains to the poor in India. This suggestion was made in a recent report on Social Protection for a Changing India, drafted by the World Bank for the Government of India. Using the National Sample Survey data, the report stated that the Public Distribution System (PDS) continued to absorb substantial public resources at almost 1 per...

The chairman of Commission for Agricultural Costs and Prices (CACP), Ashok Gulati, is a well-known proponent of reforms and an agricultural economist with diverse experience. Prior to taking charge of CACP, he was the International Food Policy Research Institute director in Asia. In an interview, Gulati spoke about the urgency for initiating reforms in the agricultural sector and made a strong case for intervention to check falling wheat prices either...

Massive grain procurement to meet the requirements under the proposed national food security law could drive out the private sector and have larger implications on the state of the domestic procurement market, a study on food and nutritional security has warned. Apart from impacting exports and cereal price in the open market, rising public procurement will only make it costly to buy, store, transport and distribute grain, the study said, adding...