-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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Centre asks states to form committees to ensure transparent PDS
-PTI New Delhi: Centre has asked states to set up vigilance committees to ensure transparency in supply of food grains through ration shops under the Public Distribution System (PDS). "States have been requested to set up vigilance committees at district, block and FPS level with due representation of SCs/STs, women and local bodies to ensure transparency and proper functioning of Targeted Public Distribution System (TPDS)," Paswan said in a Food Ministry statement. Chairing...
More »A flawed approach to food security -Deepankar Basu & Debarshi Das
-The Hindu With India continuing to be plagued by malnutrition, it is foolhardy to use the changed food production situation in the domestic economy as a reason for dismantling the FCI Within months of assuming office, the BJP-led National Democratic Alliance government set up a High Level Committee (HLC) in August 2014 to restructure, reorient and reform the Food Corporation of India (FCI). The eight-member HLC was chaired by senior BJP leader,...
More »A budget to transform -Pulapre Balakrishnan
-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...
More »Goa racing to meet Food Security Act deadline -Joaquim Fernandes
-The Times of India PANAJI: With the deadline for the implementation of the National Food Security Act (NFSA) in Goa fast-approaching (March 15), the government is scrambling to complete the verification of beneficiary data, both for the electronic public distribution system (e-pds) and also for the NFSA. Civil supplies minister Dayanand Mandrekar told TOI that if Goa does not implement the NFSA on time, the state risks losing the PDS quota of...
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