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ECONOMIC LOSS IN PDS
Petrol, diesel, domestic LPG prices remain unchanged; no change in ATF price for domestic airlinesAirline fuel costs are holding steady even as oil firms take the hit from rising global prices to keep fares manageable for travelers. Mean...- ₹69,000 crore vanishes in grain leakages: Where is India’s free ration going?A new report reveals that India's Public Distribution System (PDS) suffers a 28% leakage of subsidized grains, amounting to 20 million tonn...
- RBI may have to use more unconventional tools to tame bond yields: ReportThe report notes that the central bank's strategy of devolving on the primary dealers (PD), which in turn helps to rein in bond yields may ...
- 'One-time cash transfer, basic food supplies for 3 months can help tackle labour migration problem'It said distributing money through direct benefit transfer (DBT) and food via the PDS will adversely impact the finances of state governmen...
- Free rice has made people of Tamil Nadu lazy: Madras HCWhile it was obligatory on the part of the govt to provide bare necessities like rice and other groceries to the needy and poor people, suc...
- Dealer fees crash as G-Sec demand gets a Narendra Modi government boostBy underwriting government bonds, PDs ensure the entire portion of securities is sold. In case of any devolvement or undersubscription, the...
- Sugar decontrol: Top five stocks to sweeten your portfolioWe expect sugar mills to breathe a bit easy as sugar companies no longer have to bear the levy sugar obligation for two years, LKP said.
- Government may consider hiking retail price of PDS sugar on TuesdayThe Cabinet Committee on Economic Affairs (CCEA) is likely to consider on Tuesday a proposal to raise price of sugar sold through ration sh...
- Government may consider hiking retail price of PDS sugar on FridayThe CCEA is likely to consider on Friday a proposal to raise price of sugar sold through ration shops.
- Rangarajan committee on sugar decontrol to meet on May 3An expert committee on sugar decontrol, headed by Prime Minister's Economic Advisory Council Chairman C Rangarajan, is scheduled to meet on...
- Rotting grain & judicial transgressionThe current state-managed public distribution system is corrupt beyond redemption.
- Link domestic, global prices of fuel: MontekThe Planning Commission has pitched for linking of domestic fuel prices with those in the international market saying it is necessary for c...
- Dismiss A Raja at least now: OppositionA day after 3G spectrum’s auction, the Opposition stepped up pressure on the Manmohan Singh government for the ouster of communication and ...
- Shortselling seen helping a free fall in bond pricesMoney market dealers say the overnight Repo market has been their main source of borrowing. Most bond houses have made some gains which cou...
- Rice tops election menu in TN across political divideIt's a replica of elections that brought Dravidian parties to power 40 yrs ago.
- Rice, polls and politics go well in TNBang in the middle of high inflation in September 2008, the ruling DMK Government cut the price of rice under public distribution systems (...
- India may have to import riceThe country could face a supply shortfall of up to 5 million tonnes of rice, according to indepedent estimates given to the consumer affair...
- Restrictions on rice exports: An offshoot of archaic policy mindsetOnOctober 9, the Cabinet Committee on Economic Affairs (CCEA) took a decision to ban exports of non-basmati rice on the pretext of dwindlin...
- Govt may spare consumers, issue bonds to bail out oil companiesGovt is likely to issue oil bonds worth Rs 12,000 cr to oil marketing companies to compensate them for selling petrol and diesel below cost...
- Govt launches new tool to detect fuel adulterationThe government on Wednesday launched a new marker system to detect adulteration of kerosene in petrol and diesel.
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