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The cost of legal MSP is greatly exaggerated

February 17, 2024 9:41 am

Large figures to the tune of Rs 10-18 lakh crore have been floated as the cost of the guarantee. Most of these assumptions are based on a poor understanding of agricultural markets or the role of MSP in stabilising prices

Days after PM Modi did it for nation, CM Patnaik extends food security scheme in Odisha

December 15, 2023 5:00 pm

The BJD government launched its own scheme to provide subsidised rice to people left out under the NFSA months before the 2019 polls.

Cabinet extends free foodgrain scheme for 81 cr poor for five years

November 30, 2023 1:21 am

The government said the approximate food subsidy for five years for distribution of foodgrains under the PMGKAY will be Rs. 11.80 lakh crore.

NFSA and PM’s promise of free foodgrains for five years: what it means and entails

November 07, 2023 10:51 am

At least 80 crore people will be benefited, and the BJP is likely to use the commitment to underline its welfare politics in the Lok Sabha election campaign. What is the Food Security Act, and what was the PM-GKAY? What are the cost implications? Here are some numbers.

The paradox of bumper crops and high cereal prices

September 05, 2023 10:42 am

Government estimates of record rice and wheat production do not square with double-digit cereal inflation since last September. The imposition of export curbs and stockholding limits also point to grain shortage.

Budget documents show: Fund cut for food grain procurement

February 07, 2023 7:29 am

The documents show Rs 59,793 crore has been allocated under the head “Food Subsidy for Decentralised Procurement of Foodgrains under NFSA” for 2023-24, which is lower than 2022-23 revised estimates (RE) of Rs 72,282.50 crore.

Per capita income rose in real terms by 33.4 per cent since enactment of NFSA: Centre to SC

November 13, 2022 8:19 am

In an affidavit filed before the top court, the Union government said this rise in per capita income of people has taken a large number of households to higher income class.

Ahead of festivities Gujarat to provide groundnut oil at discounted rate to NFSA card holders

August 03, 2022 9:26 pm

Spokesperson of the government and senior minister Jitu Vaghani announced the decision while adding that the state government will bear the financial burden of Rs 124 crore because of the subsidy.

Centre cuts wheat allocation to 10 states under NFSA

May 15, 2022 2:30 am

The 10 states of which wheat allocation has been revised downward under the NFSA are: Bihar, Jharkhand, Odisha, West Bengal, Delhi, Uttar Pradesh, Gujarat, Maharashtra, Madhya Pradesh and Tamil Nadu and these accounts about 67 per cent (or 55.14 crore) of 81.35-crore beneficiaries covered under the NFSA.

Enable ‘transparent’ distribution of foodgrains through ePOS devices: Food ministry to Delhi govt

June 19, 2021 9:41 am

The Ministry said Delhi had adopted NFSA from October 2013, however, compliance of “key provisions/sections” of the Act remains pending in the Union Territory till date. It highlighted non-compliance of sections 12, 28, 29 and 38.