Following the recommendations of the Shanta Kumar Committee report on restructuring of the Food Corporation of India (FCI), there are signs that the Central Government is in a hurry to replace the Public Distribution System (PDS) with cash transfers. The Government's intention has been revealed in two official letters (one dated 10 February 2015 and another dated 11 February 2015) that were sent from the Joint Secretary at Department of...
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Prof. Jean Dreze, noted economist and former member of the National Advisory Council, interviewed by Mayank Mishra
-Business Standard Reduction in leakages in the Public Distribution System (PDS) is driven by marked improvement in states such as Chhattisgarh, Odisha and Bihar, noted economist and former member of the National Advisory Council Jean Dreze has said in a recent report. In an email interview to Mayank Mishra, he said the National Food Security Act should bring the bulk of the population under a single category with clear entitlements. Edited...
More »Food insecurity -TK Rajalakshmi
-Frontline A critique of the report of the high-level committee on restructuring the FCI and reviewing its role by TK Rajalakshmi SOON after assuming power at the Centre, Narendra Modi's National Democratic Alliance government set up a high-level committee on re-structuring the Food Corporation of India that was mandated to make the food management system more efficient. It was headed by Shanta Kumar, former Union Minister for Rural Development and former Chief...
More »Food security, a slippery slope -S Ramadorai
-The Hindu Business Line There's no Malthusian problem right now, but without sustainable farming the world will be in serious trouble Food security, a seemingly innocuous phrase, is fast becoming one of the most widely discussed topics of our time. A lot of us would associate ‘food security' as a challenge for the impoverished but it could potentially become a much more widespread problem straddling across geographic and economic divides. The issue of...
More »Direct cash transfers will give spending boost to economy. Crisil explains how -Seetha
-FirstPost.com So we're all familiar with the argument that direct cash transfers (also known as direct benefit transfer or DBT) is a more efficient and cheaper way of delivering subsidies to the poor. Did you also know that this could also give a spending push to the economy? That's what a Crisil Insight report, Cascading cash, catalysing consumption, says, pointing out that an unconditional cash transfer will raise the discretionary spend of...
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