Buy PDS, target price Rs 790: JM FinancialJM Financial maintains a buy call on PDS with an unchanged target price of Rs 790. The current market price is Rs 449.6. PDS aims for $3 bi...
Digitisation drive transforms PDS system; 5.8 crore fake ration cards eliminated: GovtIndia's Public Distribution System (PDS) has undergone a digital revolution, eliminating 5.8 crore fake ration cards through Aadhaar authen...
Centre again asks Delhi to resume e-PoS devices in PDS; seeks compliance report by June 30The Delhi government in April 2018 had temporarily suspended distribution of ration through the e-PoS system. The Centre wants the Delhi go...
Yes Bank partners with Maharashtra government for electronic PDSUnder the partnership, Yes Bank will empower more than 20,000 ration shops which can offer last mile basic banking services to more than se...
Delhi PDS server hits capacity issues despite high Aadhaar reliability: StudyThe study found that the Aadhaar authentication attempts for around 1.55 million ration cards were made in Delhi’s AePDS in March 2018.
'Aadhaar tied to just 2% of PDS exclusion'On exclusion due to Aadhaar, UID chief executive officer Ajay Bhushan Pandey said this is a concern which is being seriously addressed by v...
IDFC Bank to install 1 lakh points of presence unitsThe Mumbai-based private lender plans to set up 30,000 micro ATMs and 75,000 Aadhaar Pay merchant points as part of its plan.
Food Minister Ram Vilas Paswan apprises Parliament panel about PDS reformsRam Vilas Paswan informed the members about steps being taken for making PDS more effective so that benefits reach the intended beneficiari...
Aadhaar cards-linked device to check PDS pilferageIn the second phase, the e-POS system will be extended to block headquarters and in the third phase all panchayats will be covered, officia...
Ration shops to be fully computerised by '19: GovernmentPaswan said ePOS costs around Rs 20,000 and there are different provisions to install them as states can also do so by buying such devices.
Government to computerise all ration shops by March 2019: Ram Vilas PaswanGovernment aims to computerise the PDS sector to help check pilferages and plug leakages by installing electronic Point of Sale (ePoS) devi...
Govt frees non-PDS kerosene from regulatory controlWith a view to ease the availability of market-priced kerosene, the government has freed sale of non-PDS kerosene from regulatory control.
Sweet news for millers as government signs sugar pactThe central government had lifted the obligation on sugar mills to provide levy sugar at subsidised rate for the government’s PDS operation...
- NREG, PDS & nutritional deprivation
The effects of NREG wages on nutrient intake in many cases are larger than those of non-NREG income For some nutrients, PDS has larger effe...
- Food EGoM hikes poor grain allocation by 30 lakh tonnes
An Empowered Group of Ministers (EGoM) on food today decided to offload an additional 30 lakh tonnes of wheat and rice from the governments...
- CBI starts probe into Meghalaya foodgrain scam
The CBI has started investigation into a scandal involving misappropriation of foodgrains from FCI godowns in Meghalaya.
- RBI plans to reward PDs for higher G-sec underwriting
The Reserve Bank of India has decided to reward the bond houses that are willing to underwrite a bigger slice of the government debt auctio...