-Outlook Kolkata: The Food Security Act will be adopted by 90 per cent of the states by June this year, Union Consumer Affairs, Food & Public Distribution minister Ram Vilas Paswan informed today. "Currently, some 11 states had adopted the Food Security Act and by June, 90 per cent of the states will adopt it," he said. West Bengal has begun implementing the Act by introducing it in South Dinajpur district and it...
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Revamping public procurement -Mukul G Asher, Tarun Sharma & Shahana Sheikh
-The Hindu A properly designed and implemented procurement law is long overdue. It can improve financial management, and bring large financial and governance benefits Finance Minister Arun Jaitley’s 2015-16 budget speech signalled the government’s commitment to formally legalise India’s public procurement system as a part of its continuing reforms in public financial management. Following this, the Ministry of Finance is seeking suggestions to refine the Public Procurement Bill of 2012, introduced by...
More »Cash for Food--A Misplaced Idea -Dipa Sinha
-Economic and Political Weekly Direct benefi t transfers in the form of cash cannot replace the supply of food through the public distribution system. Though it is claimed otherwise, DBT does not address the problems of identifying the poor ("targeting") and DBT in place of the PDS will expose the vulnerable to additional price fluctuation. Further, if the PDS is dismantled, there will also be no need or incentive for procurement...
More »Social Sector Spending in 2015-16
-Economic and Political Weekly The states now have an opportunity to set their own priorities in the social sector. In the constitutional scheme of things, it is the states rather than the centre which bear the larger responsibility for social sector spending. Indeed, the states already account for as much as 80% of total outlays in the area. But central government intervention in the form of establishment of and funding for certain...
More »Protecting the small farmer -Ananth Gudipati
-The Hindu Reviving the Farm Income Insurance Scheme could be the best tool for small and marginal farmers to fight falling prices in an increasingly globalised marketplace. Data from the recently held National Sample Survey Organisation (NSSO) survey show that close to 60 per cent of rural households are dependent on agriculture for their livelihood. More than half of them are at risk of defaulting on their debts with either banks or...
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