Intentar ORO - Gratis
Govt: No basis for claims of large-scale PDS leak
Business Standard
|November 20, 2024
The government on Tuesday said that the assumption of large-scale leakage in the public distribution system (PDS), amounting to almost 28 per cent according to a recent report, lacks a sound base and is riddled with inconsistencies.
-
It said that the data from the Household Consumption Expenditure Survey (HCES) of 2022-23 includes cereal consumption from multiple sources, such as state-specific schemes and private purchases, which complicates any direct correlation with PDS offtake.
It said that, according to HCES 2022-23, monthly per capita cereal consumption is 5.32 kilogram (kg) of rice and 3.93 kg of wheat in rural areas, and 4.28 kg of rice and 3.58 kg of wheat in urban areas.
Esta historia es de la edición November 20, 2024 de Business Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Business Standard
Business Standard
IBC-tax law mismatch clouds loss carry-forward benefits
Expert says inconsistency arises from gap in legal design
2 mins
May 02, 2026
Business Standard
Will AI kill us with love?
In 2023, in response toa report in the Belgian newspaper, La Libre Belgique, about a young man taking his life after weeks of interacting with a bot, Mark Coeckelbergh, a professor of philosophy of media and technology at the University of Vienna, wrote inthe online, open-publishing platform Medium, “Not only guns but also chatbots can Kill.”
3 mins
May 02, 2026
Business Standard
PSBs prepare to shore up capital before ECL shift
Move will also help lower govt shareholding
3 mins
May 02, 2026
Business Standard
Better volumes to drive gains for Max Healthcare
Growth expected to improve with additional beds and revision of CGHS rates
2 mins
May 02, 2026
Business Standard
‘Plan is to frontload ECL-related provisions’
QA series: lender Indian Overseas Bank (IOB) reported a 43.2 per cent year-on-year (Y-o-Y) increase in net profit to ₹1,505 crore for the fourth quarter of 2025-26 (Q4FY26). Ajay Kumar Srivastava, MD & CEO of the Chennai-based lender, says people across the organisation are encouraged to take lending decisions. This has resulted in a 24 per cent credit growth in FY26, he said in a telephonic interview to Anjali Kumari & Manojit Saha. Edited excerpts:
2 mins
May 02, 2026
Business Standard
EV sales jumped 70% in Jan-Apr
India’s passenger-vehicle market in the electric segment carried forward its March momentum into April with only a marginal dip even as volumes for January-April rose 69.5 percent year-on-year (Y-0-Y) to 79,063 units, according to the retail sales data from Vahan.
2 mins
May 02, 2026
Business Standard
Net, gross GST collections touched new highs in April
Growth led by import-linked incentives, surge in March-end filings
2 mins
May 02, 2026
Business Standard
Fiscal stress a reality, committed to capex target: Expenditure secy
Disruptions to energy imports through the Strait of Hormuz amid the West Asia crisis, coupled with the government's excise duty cuts on petrol and diesel, are putting pressure on India's fiscal position, Expenditure Secretary in the Finance Ministry V Vualnam said on Friday, underscoring the government’s commitment to fiscal prudence.
2 mins
May 02, 2026
Business Standard
Market makers need to be responsible: RBI governor
Privileges come with responsibilities and market makers should ensure that broader regulatory objectives are met in letter and spirit even as they pursue their organisational interests, Reserve Bank of India (RBI) Governor Sanjay Malhotra said in Amsterdam on Friday.
2 mins
May 02, 2026
Business Standard
Iran war leaves India with few good choices
We share centuries of historical ties and cultural affinity with Iran. That should count for something
4 mins
May 02, 2026
Listen
Translate
Change font size
