Business Standard
Monday, May 28, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Govt to enact law to provide foodgrains at Rs 3/kg to poor
Press Trust of India / New Delhi Jun 04, 2009, 12:02 IST

President Pratibha Patil today said the government will formulate the National Food Security Act whereby every family below the poverty line will get 25 kg of rice or wheat per month at Rs 3 a kg, a promise made by Congress before the general elections this year.     

"My government proposes to enact a new law — the National Food Security Act — that will provide a statutory basis for a framework which assures food security for all," Patil said addressing the joint session of Parliament.     
"Every family below the poverty line in rural as well as urban areas will be entitled, by law, to 25 kg of rice or wheat per month at Rs 3 per kg," she said.     

The President's statement mirrors Congress' poll promise of providing 25 kg rice or wheat, by law, at Rs 3 per kg to the poor.     

At present, the Centre provides 35 kg of rice or wheat per month to each BPL family. Wheat is supplied at Rs 4.15 per kg while rice at Rs 5.65 a kg to over four crore families living below the poverty line.     

Patil also spoke about reforming the public distribution system through this law. "This legislation will also be used to bring about broader systemic reform in the PDS," she added.     

The Centre has enough foodgrain in its buffer stock to implement this law. On the back of bumper foodgrain output and higher minimum support prices, the government has procured a record 239.2 lakh tonnes of wheat and 295.93 lakh tonnes of rice till yesterday.

The launch of flagship programmes for food security is listed by the President as among the top ten priorities of the government in the next five years.      Patil noted that the proposed food security law will provide for a new card. "Targetted identification cards would subsume and replace omnibus Below Poverty Line (BPL) list. NREGA has a job card and the proposed Food Security Act would also create a new card," she said.     

Patil said the identification of beneficiaries for other programmes, which currently uses the omnibus BPL list, will be improved based on the objectives of the programmes.     

In a move aimed at giving more power to local bodies, the President said, "All identification of beneficiaries will be done through gram sabhas and urban local bodies and the list placed in the public domain to be (made) open to challenge."     

The government will also launch the National Mission on Sustainable Agriculture by the end of this year to "proactively" address issues of climate change, Patil said.     

Maintaining that the government has given a "new deal to agriculture", the President highlighted increased public investment, the waiver of farm loans worth over Rs 65,000 crore and hefty rise in minimum support prices of farm items.     

Patil said, "The momentum of public investment in agriculture and irrigation, built up in the last five years, will be further expanded and the three major instruments — Rashtriya Krishi Vikas Yojana, National Food Security Mission and National Horticulture Mission — (have been) strengthened".

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end on a strong note
- Tata Motors signs distribution agreement in Myanmar
- Hotel Leela promoter firm pledges 18.56% stake with SBI, BOB
- Markets end higher led by banks
- Global renewable energy Q1 M&As at $21.7 bn: E&Y
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- NRIs likely to be allowed to invest through new route
- RIL wants import-parity price for its gas
- Renu Kohli: Rupee: depreciated tactics
- Gold imports fall 32% on strict govt measures
- Mobile handset companies bet on Indian app makers
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us