Posts

Showing posts with the label Subsidy

Freedom 251: Sold handsets to Ringing Bells for Rs 3,600 a unit, says Adcom

Image
Adcom also warned of legal action against Noida-based Ringing Bells in case the latter's activities adversely impact its brand name or cause any other kind of losses. Ringing Bells had unveiled what is being touted as the world's cheapest smartphone. The devices, which were showcased resembled that of Adcom's Ikon 4, which is already available in the Indian market at Rs 3,999. Show full article

Lax digitisation of food subsidies slows reforms

Image
Only 16 of 29 states and seven union territories had digitised the leaky ration-card system of the world’s largest programme to distribute subsidised food, the targeted public distribution system (TDPS), by the end of April 2015, according to the latest-available government data. Nearly half of 55.45 million metric tonne foodgrain despatched for sale to more than 99 million families never reaches them, according to this 2015 paper (using 2011 data) by Ashok Gulati and Shweta Saini of the Indian Council for Research on International Economic Relations.  Read Articles