-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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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 »'Changes in PDS may affect food security of half of Indians'
Any change in the Public Distribution System (PDS) needs to be undertaken with extreme caution since it is likely to affect the food security of 50 percent of India's population. This has been stated by National Council of Applied Economic Research (NCAER) in a recent research brief. The note from NCAER is based on India Human Development Survey (2011-12) data. In the IHDS, nearly 42,000 households from 33 states and...
More »Key reform moves on the back burner -Puja Mehra
-The Hindu Measures on urea, LPG, kerosene to go The Modi government is putting on hold its plans for some key economic reforms Union Finance Minister Arun Jaitley had announced in his maiden Budget last July. These include decontrol of urea prices, fewer subsidised cylinders a year and withdrawal of kerosene from the public distribution system (PDS). Fertilizer Minister Ananth Kumar told The Hindu that the administered price controls for urea would stay. "We...
More »Maharashtra farmer suicides: 50% of kin denied relief -Chittaranjan Tembhekar
-The Times of India MUMBAI: Families of nearly half of the farmers in Maharashtra who have committed suicide over the last four years are not eligible to get even the paltry Rs 1 lakh compensation thanks to government rules. Maharashtra, along with Tamil Nadu, WB, AP, Chhattisgarh and MP, registers a high number of farmer suicides. An RTI application by activist Jitendra Ghadge has revealed that of the total 5,698 suicides registered...
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