-PTI Delhi government will track the trucks carrying foodgrains with the help of Global Positioning System (GPS) and Radio-frequency identification (RFID) devices to curb the menace of diversion of rations meant for lakhs of families which are below the poverty line. Also, SMS will be sent to the ration card holders attached to that fair price shop (FPS) about the arrival of ration commodities. The system is likely to be functional in...
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No to unbundling FCI
-The Business Standard A totally novel method needed to procure and disburse food Unbundling the Food Corporation of India (FCI) by hiving it into three separate entities for procurement, storage and distribution of foodgrain seems prima facie an unsound proposition. It would lead to a multiplicity of food handling agencies; the proliferation of bureaucracy would cause procedural delays and poor coordination. Administrative expenses, which are already high and bloating the food subsidy...
More »A grain of sense-Aditya Puri
-The Indian Express How Punjab is making the best use of the flawed public distribution system. Inclusive economic growth is a political, economic and social necessity. The question is: what is the right strategy to ensure this? Most of our programmes to help the underprivileged have suffered from leakages and inefficiencies, so that the benefits have not accrued to the targeted groups but the strain on our fiscal deficit remains. Subsidies are...
More »Foodgrain godowns of 203.76 lakh MT to be constructed in 19 states
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The Government has formulated a Private Entrepreneurs Guarantee (PEG) Scheme for creation of storage capacity mainly through Private Entrepreneurs, Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs)/State Agencies. Under this scheme, a capacity of 203.76 lakh MT has been approved for construction of godowns at various locations in 19 states. Out of this, tenders have been sanctioned for a...
More »Food Ministry for cut in wheat export floor price to $260/tonne
-PTI NEW DELHI: The Food Ministry has moved a Cabinet note proposing a reduction in the floor price of wheat by USD 40 at USD 260 a tonne to make exports viable and clear surplus stocks. The revision in reserve price has been proposed as global buyers quoted USD 260-267 a tonne for recent bids, as against the benchmark price of USD 300 a tonne set for export of two million tonnes...
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