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After foreign investors, government balm for aam aadmi -Rajeev Deshpande

-The Times of India An SMS alert that tells the position of stocks in Ration Shops. A front-to-back computerization tracking food grain movement from procurement to rations shops. And a swipe card to allow BPL users to access subsidized food grain. A two-stage Rs 4,200 crore recast of India's notoriously leaky public distribution system (PDS) is likely to considered by the Cabinet on Monday along with a Rs 1.25 lakh crore expansion...

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Reforms in power utilities, sugar subsidy on the cards

-The Economic Times The government is pushing ahead with long-awaited reforms to boost finances of cash-strapped power utilities and to reduce food subsidy by raising the price of sugar in Ration Shops, but the cabinet meeting to consider these moves has been deferred to next week. Sources said the government was also considering a proposal to increase the dearness allowance for central government employees by about 7%. This should come as a...

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Prof. Farzana Afridi, Economics and Planning Unit, Indian Statistical Institute, New Delhi interviewed by Faisal Kidwai

Direct cash transfers or food coupons should be used by the government to provide services to the poor, says Farzana Afridi, Assistant Professor, Economics and Planning Unit, Indian Statistical Institute, New Delhi. Afridi, who obtained her PhD in economics from the University of Michigan, Ann Arbor, and an MA in economics from the Delhi School of Economics, says that although the Mid Day Meal Programme is having a substantial effect, the...

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Food ministry comes with two plans to fix retail price of sugar-Rituraj Tiwari

-The Economic Times At a time when the Rangarajan committee is giving final touches to its recommendations on sugar deregularisation, The Union food ministry has come up with two proposals for fixing new retail price of sugar sold in Ration Shops (levy sugar) to reduce the food subsidy bill. According to the first proposal, the food ministry has recommended to free up the prices of levy sugar and allow state governments to...

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Wheat exports by private traders may be banned-Rituraj Tiwari & Madhvi Sally

-The Economic Times The government may ban wheat exports by private traders under open general licence despite having enough stocks to feed the country for two years due to concerns about high global prices and the drought-like situation back home that has triggered a 20% rise in wheat futures in a month. "There are chances that private traders may divert all the available wheat in the market -- released at subsidised rates...

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