-The Hindu     If the expansion of the Public Distribution System results in an increase in market prices, it may counterbalance the benefits of Food Subsidy Passage of the National Food Security Act (NFSA) has put the Public Distribution System (PDS) at the core of the national mission to feed the hungry. The PDS, operated via "fair price" or ration shops, will distribute up to 5 kg of rice at Rs. 3 per...

-The Hindu Business Line     Questions efficiency of country's Food Subsidy programmes  Targeting India's Food Security Programme, the US has questioned its efficiency and has said that the country should spell out measures to increase the programme's effectiveness. It has also demanded that India submit all relevant statistics and documents on the programme to the World Trade Organisation (WTO) in order to gain immunity against penalties in case subsidies breach specified limits. "The matter will...

-The Hindu Restricting the price subsidy to coarse grains alone will not only work better from both fiscal and equity points of view but also weaken the incentives for graft The National Food Security Act (NFSA), passed recently by Parliament, offers 5 kg per person a month of cereals at highly subsidised prices to more than the bottom two-thirds of the population. It has been rightly hailed as the largest welfare programme...

-Down to Earth Bad loans of public sector banks to business are more than double the Food Subsidy There are some things you simply do not do in the liberalised economy. You do not put bank loans under the lens-unless these are ballooning out of control. That is, until such loans are likely to jeopardise the entire banking system and send the economy into a tailspin. And there's another thing: you don't...

-The Hindu KANHANGAD, Kerala: The Akshara Purusha Swayam Sahaya Sangham, a self-help group here, once again scripted a success story by reaping a rich harvest of sweet potatoes from a barren paddy field at Kushal Nagar. A six-member team under the self-group reaped nearly 60 quintals of sweet potatoes from a 1.5-acre paddy field that lay barren for years. Having reaped a rich harvest of vegetables a few months ago, the team this...