Cabinet clears ordinance to implement food security bill

Image
ANI New Delhi
Last Updated : Jul 04 2013 | 11:35 AM IST

The Union Cabinet has approved a proposal to promulgate an ordinance on the National Food Security Bill that seeks to give legal rights to 67 per cent of the population over subsidised grains every month.

The food security programme when implemented will be the biggest in the world with the government spending estimated at one lakh 25 thousand crore rupees annually.

Terming the ordinance as historic, Congress spokesman Ajay Maken said the government resorted to promulgation of ordinance, as there was no unanimity during the discussions with the opposition parties.

On June 13, the Cabinet had deferred the proposal amid differences on the issue.

Finance Minister P. Chidambaram said after the meeting of the Union Cabinet that the government will try to call a special session of Parliament to debate and pass the Bill, which aims at providing the legal right to subsidised food to nearly 67 percent of India's population.

The Food Security Bill was tabled during the budget session of Parliament, but could not be taken up for discussion because of opposition-led disruptions of proceedings arising out of scam-related allegations.

The Food Security Bill is aimed at giving legal rights to 67 per cent of the population for a uniform quantity of 5 kg foodgrains at a fixed price of Rs 1-3 per kg through ration shops.

*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: Jul 04 2013 | 11:12 AM IST

Next Story