-The Hindu Business Line Hyderabad: The news of 11,772 farmers committing suicide did not hit the headlines when the NCRB (National Crime Records Bureau) released its data for 2013 early this week. The gravity of the problem somehow didn't get the attention it deserved. Perhaps, we are quite used to the numbers since they have always remained north of 10,000 in the last few years. Those who closely follow developments in Indian...
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How Much Can We Forgo To India Inc? -P Sainath
-Outlook India To the social subsidy whiners, please check corporate write-offs column The TV anchor asked eagerly of Arun Jaitley whether he would take hard decisions or, in the case of a bad drought, revert to loan waivers and (obviously wasteful) subsidies. The finance minister replied that it depended on the situation as it unfolded but he hoped he wouldn't have to return to such steps. "We hope so too," said...
More »Size of PDS set to rise, but fewer people want to buy subsidised grain -Sandip Das
-The Financial Express While the Centre has asked states to roll out the National Food Security Act, 2013, by October, when the coverage of Targeted Public Distribution System (TPDS) will increase to an estimated 84 crore people from 55 crore now, the capacity of states to handle more foodgrain is doubtful given their poor offtake record in the last few years. Official data since 2012-13 indicate that state governments have failed to...
More »Why FCI needs professionals to sell its foodgrains -Tejinder Narang
-The Hindu Business Line The primary mandate of the Food Corporation of India (FCI) acting under directions of Food Ministry is to service requirements of the public distribution system (PDS) in association with State Government Agencies (SGAs). But over the years, FCI has also been called upon to intervene in managing market prices, albeit with little success. FCI efficiently procures wheat, paddy/milled rice but faces odds while selling surplus grains in the...
More »Subsidised wheat: CAG points out over Rs. 18 cr avoidable expenditure
-The Hindustan Times Chandigarh: The Comptroller and Auditor General of India (CAG) has pointed out an avoidable expenditure of Rs. 18.59 crore on giving subsidised wheat to more than 1.73 lakh ineligible below poverty line (BPL) card holders in Haryana between December 2011 and March 2013. The CAG report on social, general and economic sectors, tabled in the Haryana Vidhan Sabha on Monday, pointed out that the Haryana food and supplies department...
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