Political influence and interference hampering distribution, says court-appointed vigilance panel  Large-scale diversion of foodgrains; black marketing by fair price shop dealers All-round complicity among FPS, transporters and corrupt Civil Supplies officials The Supreme Court-appointed Central Vigilance Committee (CVC) has slammed the Public Distribution System as one of the most corrupt sectors, saying the root cause of its failure in several States is political interference. “Corruption is all pervasive in the entire chain involved...

As the de-controlled fertilizer regime comes into play from April 1, the Centre has asked the States to take steps to ensure that stocks and the Maximum Retail Price (MRP) of fertilizers are clearly displayed for the benefit of farmers. The States have also been asked to keep a strict vigil on “smuggling of fertilizers across the international border and deal sternly with diversion of fertilizers to non-agricultural uses.” This, and...

WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...

The economist and political commentator who was appointed to a four-member team of the UN to recommend reforms to the global financial system critiques Budget 2010 Economist and political commentator Prabhat Patnaik, currently vice-chair of the Kerala Planning Board, is a strong critic of the government’s economic policies. In 2008, Patnaik, who has taught at JNU since the 1970s, was appointed to a four-member team of the UN to recommend...

Ranchi: It was a budget aimed at sweetening the bitter price rise pill. From cutting down VAT on diesel, sweets and ice- cream to making foodgrains available at Re 1 per kg for the poor, deputy chief minister Raghubar Das today presented an annual budget which focused on rural development, food security and social welfare. Chanting the “inclusive growth” mantra, Das, the BJP face in the Shibu Soren government, showed...