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1 litre of palm oil to ration card holders from July

All ration card holders in the state will receive one litre of palm oil along with their monthly quota of other food commodities from July onwards. Officials from the department of civil supplies told TOI that the oil will be priced much lower than the market rate. "The price is yet to be fixed. However, it should be within the range of Rs 30-35," civil supplies sources said. "Every ration...

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Divakaran contests FICCI's proposal to privatise PDS

Kerala Food and Civil Supplies Minister C. Divakaran has come out strongly against the suggestion of the Federation of Indian Chambers of Commerce and Industry (FICCI) that the Union government withdraw from grain procurement, storage and distribution under the Public Distribution System (PDS) and outsource these to private operators. FICCI makes the suggestion in a study report, which was released a few days ago. In a statement here on Monday, Mr. Divakaran...

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Prof. Suresh Tendulkar interviewed by Pooja Suri and Amiti Sen

Suresh Tendulkar created a flutter among policymaking circles when a committee led by him raised the estimate for poor households in the country to 74 million from the Planning Commission estimate of 65.2 million. The former chairman of the Prime Minister’s Economic Advisory Council explained why his numbers are more credible in an interview with ET’s Pooja Suri and Amiti Sen. Excerpts: Why did your committee decide to accept the...

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Give food stamps to poor instead of subsidised food: FICCI

The government should issue food stamps directly to families living below poverty line (BPL), instead of subsidised food, to ensure food security of the poor, an industry lobby said in a report. The Federation of India Chambers of Commerce and Industry (FICCI) said the current system of providing subsidised food items through the public distribution system (PDS) should be dismantled as it was plagued by leakages at different levels. It...

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UP seeks amendment in wheat procurement policy by Rajesh Kumar Singh

The state’s wheat purchase exercise is mid-way, but the state government officers have already started mulling over amending the current procurement policy. The wheat purchase started on April 1 and the government has purchased merely 14.84 lakh metric tonnes. The state government agencies have to purchase 39 lakh metric tonne for 2010-11. The Food Corporation of India (FCI) is to purchase 1 lakh metric tonne. Each month the state government...

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