Eco Survey pitches for hike in PDS rates to trim food subsidy billFoodgrains via ration shops are supplied at highly subsidised rates of Rs 3 per kg for rice, Rs 2 per kg for wheat and Rs 1 per kg for coar...
Aviation Turbine Fuel price hiked by 8.1 pc, still costs less than petrol, dieselATF or jet fuel prices are revised on 1st of every month based on the average international rate for benchmark fuel and foreign exchange ra...
Centre looking at selling pulses via PDSAlready some states like Tamil Nadu and Chhattisgarh are distributing pulses through PDS at a subsidised rate.
CCEA approves giving freedom to states to fix PDS sugar priceThe decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi.
Cabinet Committee on Economic Affairs likely to discuss on PDS sugar price issue on WednesdayThe Food Ministry is seeking approval for giving flexibility to state governments to fix the PDS sugar price, either lower or higher than t...
Centre mulls giving freedom to states to fix PDS rate of sugarDifference between RIP and ex-mill price of Rs 32 per kg, which is capped for two years till September 2014, is being given as subsidy to s...
Maharashtra to buy PDS sugar directly from co-operative millsPrior to this, the sugar mills had to supply 10% of their sugar output as levy quota for the PDS system at a price lower than the market ra...
Case for food security: Effective PDS implementation by states has helped pull millions out of povertyNew research argues that the public distribution system lifted 38 million people out of poverty in 2009-10. And it’s getting better.
Take action against 5 defaulting sugar mills: Centre to statesCentre has asked state governments to take "penal action" against five defaulter sugar mills including Karnataka-based Vishwanath Sugars an...
Government defers decision on hiking retail price of PDS sugarAt present, the government buys sugar at Rs 19.50 a kg from millers and sells it at a subsidised rate of Rs 13.50 a kg.
- Deprivatising ration shops and doorstep delivery are two measures that can clear corruption
Malnutrition and hunger are much too serious to wait for completion of bundled projects as solutions to PDS leakages.
- RBI puts bond houses on stronger wicket, lets them borrow more
In A move aimed at ensuring stability of bond house in times of volatile interest rates, RBI has hiked the capital requirements for primary...
- Countrywide foodgrain storage could be revived on PPP basis
the food ministry is actively exploring hiking the quantum of foodgrain available for welfare programmes and working on legislating the sup...
- PDS sugar costlier than market rate
A Record sugar production in the state has led to a scenario where the price of levy sugar - sold through ration shops has gone up consider...
- PDs open to rate risks, but have less hedging options
Standalone PDs with diversified business activities will survive in the long run, says Gopalakrishnan Narayanan, MD of the country’s larges...
- Variable tariffs on PDS imports soon
The next time foodgrain imports are imperative for the public distribution system (PDS), the cost of imports would be just 20% or 30% highe...
- RBI allows PDs to diversify, but bars subsidiary route
Primary dealers (PDs), who have been reeling under bond losses following the spike in interest rates, could now look at making money elsewh...