(a)whether the government provides subsidy on food products;
(b)if so, the details thereof;
(c)whether Government proposes any change in the existing subsidy; and
(d)if so, the details thereof?
(a)whether the government provides subsidy on food products;
(b)if so, the details thereof;
(c)whether Government proposes any change in the existing subsidy; and
(d)if so, the details thereof?
MINISTER OF STATE IN THE MINISTRY OF FINANCE(SHRI PAWAN KUMAR BANSAL)
(a),(b),(c)and(d):The Government does not provide subsidy on food products.
However, food subsidy is provided to Food Corporation of India, which is
responsible for procurement and distribution of wheat and rice under the
Targeted Public Distribution System (TPDS) and other welfare schemes and to
maintain buffer stock of food grains as a measure of food security. Further,
food subsidy is provided to States which have undertaken the responsibility of
procuring foodgrains from within the State and distribute the same to the
targeted population under TPDS and other welfare schemes. The quantum of money
spent during the last three years and budget estimates including First
Supplementary Demands for Grants for 2008-09 is given below:
Explicit Food Subsidy of the Central Government (Rupees crore)
2005-06 2006-07 2007-08 2008-09 (Provisional (BE+ First Actuals) Supplementary)
Food Subsidy 23077 24014 31328 37731