Food subsidy bill crossed Rs 40k cr in H1 FY11: govt

Image
Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 6:21 AM IST

India's food subsidy has already crossed the Rs 40,000 crore mark in the first six months of the current fiscal, Parliament was informed today.

"Food subsidy released... As on October 3, 2010, is Rs 40,832.77 crore," Minister of State for Consumer Affairs and Food K V Thomas informed the Lok Sabha in a written reply.

The subsidy provided by the government on food in the previous three years, starting from 2007-08, stood at Rs 31,259.68 crore, Rs 43,668.08 crore and Rs 58,242.45 crore, respectively.

The government provides subsidies on essential food items to the poor through the Targeted Public Distribution System (TPDS) and different welfare schemes.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 09 2010 | 6:50 PM IST

Next Story