-PTI   The centre is examining the proposed scheme for direct disbursement of food subsidies in cash, instead of foodgrains under the Targeted Public Distribution System (TPDS), as demanded by some states. The final contours of the scheme will be worked out in consultation with concerned agencies like the ministry of finance (department of expenditure) and planning commission, food and consumer affairs minister K. V. Thomas has said. The governments of Uttar Pradesh, Haryana...

The government will recast the Mahatma Gandhi National Rural Employment Guarantee Scheme, to give it a welfare edge, following criticism that it was disconnected from people's concern over corruption, high food prices and inflation. The attempt will be to make it more responsive to people's needs and increase earnings of the rural poor. The reform attempts to make the scheme truly demand-based, besides addressing issues of fraud, misuse of funds, corruption...

More than two years have passed and there seems to be no progress worth speaking about in making the promised law that will guarantee food for the people. The promise came from the UPA-2 as part of its election manifesto in 2009. It was a time of recovery from a time of economic troubles. The impact of the global economic slowdown came on top of the agrarian crisis and the...

-PTI   Inching closer to the crucial double-digit mark, food inflation rose to 9.80% for the week ended August 13 on the back of dearer onions, potatoes, fruits and protein-based items. Food inflation, as measured by Whole Price Index (WPI), stood at 9.03% in the previous week. The rate of price rise of food items in the corresponding week of August, 2010, was 14.56%. As per data released by the government today, the price...

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...