While diversion rates still remain high, evidence seems to point to substantial improvements in the public distribution system around the country. It is well understood that a substantial proportion of the grain, mainly wheat and rice, that is meant to be distributed to eligible families under the Public Distribution System (PDS) ends up being sold in the open market by corrupt intermediaries, including some dealers who manage PDS outlets. The extent...
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Delhi HC appoints committee to scrutinize fee hike by the schools by Hary M Pillai
The Delhi High Court today appointed an adhoc regulatory committee to examine the 2009 notification of the Delhi government which allowed schools to hike tuition and development fees. The court in its judgment on a bunch of petitions filed by various parents associations, including the Delhi Abhibhavak Mahasangh, also suggested to the Delhi government to constitute an expert committee which can go into the feasibility of establishing a regulatory body for...
More »'Monsoon rains revive sharply after two-week lull'
-Reuters India's monsoon rains revived in rice, oilseeds, lentils and cereals growing areas over the past week, weather office sources said on Thursday, snapping a two-week long lull and improving output prospects for the summer sown crops. Last year, rainfall was 26 percent below normal in the week to Aug 11 after a weak start, but it picked up during the four-month season and ended normal. It is expected that this year's rains...
More »High food prices exacerbate crisis in drought-affected Horn of Africa–UN
-The United Nations The prices of grain and milk in the drought-hit Djibouti, Ethiopia, Kenya and Somalia have risen to record highs, exacerbating hardship for the estimated 12.4 million people in the region who are facing severe food shortages and famine in some parts of Somalia, the United Nations reported today. According to the August food price monitor of the UN Food and Agriculture Organization (FAO), the high prices of cereals...
More »Can Posco Cross the India Barrier? by Prince Mathews Thomas
The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...
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