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News
Food subsidy
Food subsidy News
Subsidy on LPG
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.
Subsidy
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).
Cash transfers
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.
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.
DBT
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.
Food subsidy
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.
WTO
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.
India
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.
Food subsidy
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.
WTO
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.
WTO
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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