Issue: October 2016
 
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Cover Story 
Textiles’ – the word brings up images of beautiful drapes – cotton, silk, chiffon, lace. Whether it is the material draped on the figurine of the lady f...
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Lead Article

Textiles the word brings up images of beautiful drapes cotton, silk, chiffon, lace. Whether it is the material draped on the figurine of the lady from Mohenjadaro, the stylish drapes of Cleopatra, the ball dance gowns of the Victorian Era or the lovely dresses worn by our own queens and princesse...

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Articles
  Tapping Sustainable Energy Alternatives
  The second lead article, which is also focus article, is written by Shri N Bhadran Nair. Citing a report of the World Health Organisation, the author has advocated for tapping sustainable energy alternatives
  Financing Renewables in India
  The third article is written by Shri P C Maithani, Adviser, Ministry of New and Renewable Energy. He has focussed on renewable energy resources
  Steps to Achieve India’s Solar Potential
  The special article is written by Sumant Sinha, Chairman and Managing Director of ReNew Power. He opines that India must also honour its global commitments on curbing greenhouse gas emissions
NFSA: Budgetary Implications for Adequate Provisioning of ‘Storage Capacity’
Nilachala Acharya

The National Food Security Act (NFSA), 2013 clearly mentions that additional costs will be required for construction of new storage capacity, carrying buffer stock, transportation, storage and handling of foodgrains etc., beyond the existing provisions under the Public Distribution System (PDS). This obviously points to the inadequate storage capacity in the country to carry buffer stock or procured foodgrains for distribution provisioned under the Act, as well as for other food based welfare programmes of the government. As is known, inadequate storage facilities would have serious implications on effective implementation of NFSA, particularly during the time of emergencies and hence, it would be prudent to address such inadequacies before the Act is fully implemented. Though, distribution of foodgrains under the PDS rests entirely with the State governments, however, provisioning of resources for storage facilities is shouldered largely by the Union government. And so, in order to address the issue of inadequate storage facility, the present Act provides some pointers on the magnitude of resources required to have such facilities in place both in the Union and state government budgets. As per NFSA, an additional amount to the tune of Rs. 8300 crore would be required by the state governments towards creation of storage capacity, transportation of foodgrains etc.; which is over and above the amount already borne by the states as reflected in their annual budgets towards for this purpose.

 
 
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Do you know? : What is Forensic Auditing
Forensic auditing refers to the auditing with the main aim to employ accounting techniques and methods to gather evidence to investigate the crimes on financial front such as theft, fraud etc.
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