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Food subsidy News

10 Aug 2017

Govt aims to eliminate subsidy on LPG by March 2018

India will aim to eliminate subsidy on LPG by March 2018, the government said in its mid-year expenditure framework tabled in Parliament on Thursday.

national food security

03 Nov 2016

National Food Security law being implemented across India from November: Paswan

Implementation of National Food Security law, entailing an annual subsidy of over Rs 1.4 lakh crore, has covered the entire nation from this month with two large states Kerala and Tamil Nadu coming on board, the government said.

13 Aug 2015

Panel favours cash transfer for kerosene, food subsidy

A government-appointed panel to suggest ways to prune subsidies is in favour of extending the cash transfer scheme to kerosene and food in three years for directly helping beneficiaries.

Food Corporation of India

02 Aug 2015

Food Corporation gets Rs 13,000 cr as food subsidy from govt

To ensure smooth procurement and distribution of grains, the government has released Rs 13,000 crore as food subsidy to state-owned Food Corporation of India (FCI).

02 Jul 2015

India to roll out cash transfer of food subsidies from Sept: Official

India plans to phase in cash transfers of food and kerosene subsidies from September, saving 10-15 percent of the $21 billion in annual outlays on the benefits by eliminating fraud, a senior finance ministry official said on Thursday.

CST compensation

09 Mar 2015

Govt seeks Parliament nod for additional Rs 36,953 cr spending

The government today sought an approval from Parliament for an additional Rs 36,952.86 crore as the final batch of supplementary demands as part of grants for 2014-15 to meet the expenditure, mainly towards CST compensation to states and higher outgo for food subsidy.

24 Feb 2015

Food subsidy of Rs 8,228 cr released to 5 states under NFSA

Under the National Food Security Act, the Centre has released Rs 8,228.01 crore so far this fiscal, to five states where procurement of grains is decentralised.

17 Feb 2015

DBT for food subsidy can help govt save Rs 25,000 crore: Crisil

Implementing direct benefit transfer (DBT) for food subsidy will help government save Rs 25,000 crore by eliminating costs associated with procurement, distribution and storage of foodgrains, ratings agency Crisil said Tuesday.

05 Dec 2014

Govt releases Rs 93,894 cr as food subsidy so far this fiscal

Government has released Rs 93,894 crore so far this fiscal by way of food subsidy out of annual allocation of Rs 1,10,500 crore and there is no proposal for reduction in food subsidy, Parliament was informed Friday.

India subsidised grain

23 Sep 2014

Ram Vilas Paswan wants to hike food handouts: Report

India should increase handouts of subsidised grain, its Food Minister Ram Vilas Paswan was quoted as saying.

10 Sep 2014

''India won't wait without end for WTO food stocks solution''

Giving notice of India`s unwillingness to wait "interminably" for resolving WTO issues concerning public stockholding of food grain, Commerce Minister Nirmala Sitharaman Wednesday hoped that World Trade Organization members would understand its position and come up with a solution.

03 Sep 2014

India talking to WTO members on food subsidy issue: Govt

India is talking to "good number" of countries to garner support on its stand on the food security issue at the World Trade Organisation with a view to carry forward the talks for freer trade.

27 Aug 2014

18 lakh households eligible for food subsidy

Eighteen lakh households have been found eligible to get foodgrains at highly subsidized rates of Rs 2/ kg for wheat and Rs 3/ kg for rice under the Food Security Act.

19 Aug 2014

India hopeful of solution to food subsidy issue at WTO

India is hopeful of a solution to the food stockpile issue at the WTO negotiations beginning next month at Geneva, which will also pave the way for signing of the trade facilitation agreement.

Food subsidy Bill

01 Aug 2014

Food subsidy to touch Rs 1.31 lakh crore for implementing food law

The government's food subsidy bill is estimated to touch Rs 1,31,086 crore annually to implement the food security law, Parliament was informed Friday.

Food Corporation of India

28 Jul 2014

FCI raises short-term loan of Rs 20,000 cr

The loan has been raised from various banks at interest rates in the range of 9.95-10.25 percent, sources said.

25 Jul 2014

India seeks "visible outcomes" on food subsidies before backing WTO protocol

India will find it difficult to support a protocol on global trade without "an assurance and visible outcomes" that a permanent solution was being negotiated over its concerns about public food stockholding.

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