Union Food Minister KV Thomas said the Finance Ministry has allocated Rs 80,000 crore as subsidy and an additional Rs 10,000 crore when the Food Security Bill will be implemented. Compared to the estimate, the burden will increase when the bill will be implemented, Thomas added.

The Bill is designed to provide rice, wheat and cereals at subsidised rates, and the Government is eager to get the Bill passed before the Parliament breaks for summer.

Thomas said that once the Food Security Bill is implemented, there will be no financial problem for the management of food grains and public distribution system (PDS). Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.