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Surprise: Thanks to 'labour gangs', some FCI loaders earn Rs 4 lakh per month

Jan 24, 2015

Surprise: Thanks to 'labour gangs', some FCI loaders earn Rs 4 lakh per month

So, how do these labourers earn more than double of what the FCI chairman-cum-managing director gets? It's the faulty system that is leading such abuse of government funds. #Government #Salary #Union #Food Corporation of India #FCI #Shanta Kumar #FCI loaders #government fund
Corruption in FCI is frightening; revamp report addresses root causes: Shanta Kumar

Jan 24, 2015

Corruption in FCI is frightening; revamp report addresses root causes: Shanta Kumar

Problems will be there, but someone will have to start from somewhere, says Kumar who headed the panel on restructuring Food Corporation of India #Congress #Food Corporation of India #Opposition #Food Security Act #amendment #Shanta Kumar #FCI restructuring
Revamping Food Corp: Panel wants Food Security Act changed but will BJP bite the bullet?

Jan 23, 2015

Revamping Food Corp: Panel wants Food Security Act changed but will BJP bite the bullet?

The report of the High Level Committee on Reorienting the Role and Restructuring of Food Corporation of India submitted to the Prime Minister on Wednesday, makes a slew of suggestions. #Economy #food #HowThisWorks #minimum support price #Ashok Gulati #Food Corporation of India #FCI #farming #National Food Security Act #Gautam Pingle
Cutting food subsidy to cash transfer: Panel suggests steps to revamp FCI

Jan 22, 2015

Cutting food subsidy to cash transfer: Panel suggests steps to revamp FCI

The eight-member committee, was set up in August 2014 under the chairmanship of BJP MP Shanta Kumar, to recommend a complete overhaul of the way the mammoth organisation, FCI, functions. #Narendra Modi #TheySaidIt #Food Corporation of India #Ram Vilas Paswan #Food subsidy #Direct Cash Transfer #Panel #wheat rice
Surprise move in middle of war against inflation: What experts said after RBI cut interest rates

Jan 15, 2015

Surprise move in middle of war against inflation: What experts said after RBI cut interest rates

The RBI cited lower-than-expected inflation, weak crude prices and weak demand, as well as the government's commitment to sticking to a fiscal deficit target. #Economy #Inflation #India #food inflation #oil prices #RBI #Repo rate #WhoSaidWhat #Raghuram Rajan

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PE, M&A activity seen growing in agri, food on consumption story

Apr 03, 2013

PE, M&A activity seen growing in agri, food on consumption story

Cross-border action may rise; Temasek-Godrej Agrovet deal largest in PE space #food #DealStream #Private equity #Grant Thornton #Mergers & acquisitions #agri
Union Budget 2013: Cut in fuel, fertiliser subsidy key to trim Non-Plan expenditure

Feb 28, 2013

Union Budget 2013: Cut in fuel, fertiliser subsidy key to trim Non-Plan expenditure

Non-Plan expenditure is expected to grow by 4 percent in 2013-14 against a growth rate of 19 percent seen in 2012-13. #National Security #Food subsidy #petroleum subsidy #Budget 2013