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Pulses scam: Babus unable to explain Rs 1,200cr loss

-The Times of India The government has been unable to explain why public sector firms imported pulses at a loss of 21%-30% a year from 2006 to 2011 adding up to Rs 1,200 crore, while private importers did not appear to have suffered such a misfortune. Questioned by Parliament's Public Accounts Committee about the " pulses scam" revealed in a Comptroller and Auditor General report, senior commerce and consumer affairs officials has...

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Govt plans fund to offset food subsidy burden by Anindita Dey

The government is planning to come up with a price protection fund to cushion the burden of food subsidy, which is expected to grow manifold under the new Food Security Bill. The proposed fund, under the ministry of food and consumer affairs, is a Budget proposal for 2012-13. Officials said the framework of the fund was at a nascent stage. “Some inferences are being drawn from the recommendation of National Farmers’ Commission...

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Aadhaar can't fix all that ails PDS: Abhijit Sen

-The Hindu   ‘The argument that too many people are coming forward to claim benefits is flawed' Aadhaar, the Unique Identification Authority of India (UIDAI) project, cannot “fix” all that is wrong with the Public Distribution System, Abhijit Sen, member of the Planning Commission, said here on Saturday. The biometric identification and authentication project has been touted by the Planning Commission as a panacea for all issues that plague the Public Distribution System (PDS),...

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UPA makes its case for cash transfers by Remya Nair & Surabhi Agarwal

India moved a step closer to implementing cash transfers of direct subsidies and social welfare payments after a high-level panel presented the blueprint for effecting it through an Aadhaar-based payment gateway. Accepting the report, which details how all payments and cash transfers can be made electronically, finance minister Pranab Mukherjee indicated that it will be the key to plug leakages and ensure more targeted spending under the government’s social welfare programmes. The...

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Difficult to digest by Jyotika Sood

After much debate, the Cabinet cleared the food security bill. Will it really ensure food for every Indian? THE Lokpal Bill debate may have ended in a fiasco but 2011 ended on a positive note for the Congress-led UPA government on another count. Its pet project, the National Food Security Bill (NFSB), was cleared by the Union Cabinet and introduced in Parliament. The bill seeks to address widespread hunger in the...

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