50 lakh tonnes of rice and wheat for all States/Union Territories at BPL prices Need to strike a balance between excess procurement and storage: Justice Bhandari ‘Whatever you procure, store it properly. The rest you can distribute to starving people' Responding to the concern expressed by the Supreme Court over malnutrition and starvation deaths, the Centre on Tuesday informed it of the decision to make an additional allocation of 50 lakh tonnes of...

The arrest of Suresh Kalmadi on 25 April marked yet another scene in the prolonged drama surrounding the Commonwealth Games held in Delhi in October 2010. Yet the general media focus on Kalmadi may have served to distract attention from the many other acts of omission and commission that mark the sordid history of that extravagantly planned and deeply flawed public show. In these other actions, there are stories of funds...

The Comptroller and Auditor General (CAG) of India has cornered the state government, which had recently demanded a special package of Rs 2,500 crore for frost-hit farmers, in its report tabled in state Assembly today. The CAG has found gross irregularities, non-implementation of schemes, weak budgetary and expenditure controls in both original and supplementary budgets, rush of expenditure at the close of the financial year and underutilisation of central assistance. “The targets...

The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

The revised daily wage for NREGS workers is still lower than the minimum wages paid in several States. A CONTROVERSY seems to have surfaced between the Prime Minister's Office and the National Advisory Council (NAC) on the issue of wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The NAC has been arguing for some time that there should be parity between wages under the National Rural Employment...