Renu Devi is scared. The Planning Commission’s new definition of poverty will eject her from the set of below-poverty-line households, and her family will lose the right to 25kg rice and wheat a month at Rs 5 per kilo. The plan panel has fixed a cut-off of Rs 675 and Rs 870 as the monthly per head expenditure, in rural and urban areas respectively, for a family to qualify as poor....
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States should pay cash if they fail to provide grain: Draft Food Bill by Binoy Prabhakar
The draft Food Security Bill makes it compulsory for state governments to pay a food security allowance to targeted sections in case of failure to supply foodgrain through a sweeping welfare scheme targeted at nearly three-fourths of the population. The amount will be decided by the central government. The draft bill also presses for a radical overhaul of the food distribution system by giving incentives to independent agencies that procure...
More »Panel defends BPL cut-off
The Planning Commission has defended the poverty line cut-off and urged the Supreme Court not to “interfere with the methodology developed by experts over the years to estimate the incidence of poverty.” However, it left a window for the court to direct an upward revision of the limit —daily consumption expenses per head of Rs 20 in urban areas and Rs 15 in rural areas at 2004-2005 prices — saying “these...
More »PM’s panel suggests per person PDS allocation by Ravish Tiwari
The Prime Minister-appointed panel on Food and Public Distribution System (F&PDS) headed by Deputy Chairman Planning Commission Montek Singh Ahluwalia has suggested that the current system of distributing PDS foodgrain per household should be replaced with per capita allocation. According to National Sample Survey (NSS) data, lower income households have more members per family than higher income households, the panel has said in its draft report. Justifying its suggestion as a “progressive...
More »PAC draft report puts 2G loss at Rs.1.90 lakh crore by Sandeep Joshi
Loss to the exchequer due to the grant of 122 licences to new entrants in 2008 was Rs.1.24-lakh crore Government lost Rs.36,000-crore in grant of dual-technology licences The government must get exact loss calculated instead of washing its hands of it The draft report of the Public Accounts Committee on the 2G scam has come out with yet another figure for the loss to the exchequer, putting it at Rs.1.90-lakh crore in the...
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