2. On PDS And NFSA Related Issues:

♤ GoI should defer implementation of NFSA in states that have not done end to end computerization; have not put the list of beneficiaries online for anyone to verify, and have not set up vigilance committees to check pilferage from PDS.

♤ The current coverage of 67% Population under NFSA is a huge fiscal burden. It should be brought down to 40%.

♤ Gradual introduction of cash transfers in PDS, starting with large cities with more than 1 million population; extending it to grain surplus states, and then giving option to deficit states to opt for cash or physical grain distribution.

o Cash transfers can be indexed with overall price level to protect the amount of real income transfers.

o Cash can be given in the name of lady of the house.

o Cash can be routed through Prime Minister's Jan-Dhan Yojana (PMJDY) and dovetailing Aadhaar and Unique Identification (UID) number.

3. On stocking and movement related issues: FCI should outsource its stocking operations to the private sector.

4. On Buffer Stocking Operations and Liquidation Policy: the current system is extremely ad- hoc, slow and costs the nation heavily. A transparent liquidation policy is the need of hour, which should automatically kick-in when FCI is faced with surplus stocks than buffer norms.