Contrary to a common belief that India’s public distribution system is irreparably dysfunctional, a nine-state survey of the pds finds that the respondents received 84-88% of their full entitlement. The implicit subsidy for households below the poverty line from pds foodgrains alone is roughly equivalent, in many states, to a week’s nrega wages every month. The revival of the pds can be traced, in large part, to a renewed political interest which manifests itself in state initiatives such as expanded coverage, reduced prices, computerisation of stock management, etc.