With the arrest of two drivers of trucks transporting wheat and other food grains meant for the Public Distribution System (PDS) by the Wadgaon Road police on Sunday night, the unabated PDS food grain pilferage racket stands exposed once again. According to Wadgaon Road police station officer (PSO) Baijnath Latpatte, drivers Firoz Shah Kasam (40) and Rafique Shah Kasam (45), both residents of Jafar Nagar, Yavatmal, were arrested after registering...
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Food inflation is no mystery by Soma Banerjee
If you thought only onion made headlines and governments fall, here is some more food for thought. The retail prices of brinjal soared 110% and those of tomato by 125% between the first weeks of November 2010 and January 2011, while the rise in crude oil paled in comparison, climbing about 12% in the same period. While import-dependent economies are struggling to keep their fiscal math in shape with crude...
More »Kerosene racket is half the size of NREGA bill by Anupama Airy
The poor man’s fuel, kerosene — paid for by state subsidy — is diverted to adulterating diesel mostly for truckers. And the industry is estimated to be worth half the sum the government spends on employment for the rural poor every year. Welcome to the Great Indian Kerosene Racket, which hit a new high this week when additional collector Yashwant Sonawane of Maharashtra’s Nashik district lost his life in a...
More »No fuel subsidy cut: Reddy
Maharashtra govt launches a massive crackdown on mafia. Two days after Additional Collector Yashwant Sonawane was killed after he intercepted the adulteration of petroleum products, the Maharashtra government launched a massive crackdown on suspected adulterators in the state. Raids were carried out at over 200 locations across Maharashtra and the police have arrested some 180 people. At the Centre, the government announced measures to prevent the adulteration of auto fuels with cheaper...
More »Food retail: Next large opportunity for country wide biz
Organized retail of packed food and raw food reduces prices of food for urban citizens and pays farmers a better price for the agricultural produce. It eliminates middle men and decision making at every other level. This is not rocket science. However, politicians refuse to do away with the WWII public distribution system in order to retain power at the district level. Well, for one thing, the format of the...
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