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5 things you need to know about Food Security Bill

Ordinance at a glance

BS Reporter  |  Delhi 

ORDINANCE AT A GLANCE

THE CONTENT

  • Guarantees legal entitlement for cheap food to 67% of population
  • To ensure 5 kg of rice, wheat or coarse cereals is supplied at Rs 3 a kg, Rs 2 a kg and Rs 1 a kg, respectively, to all identified beneficiaries
THE COST
  • When implemented fully, it is expected to cost the exchequer Rs 1,24,724 crore, Rs 34,724 crore more than the 2013-14 Budget estimate of food subsidy
WHY AN ORDINANCE?
  • When tabled in the Lok Sabha, the food security Bill could not be passed because of pandemonium during the Budget session
  • Highlights the govt’s urgency to bring the programme ahead of the polls, especially because it expects Parliament’s monsoon session to be a troubled one
THE WAY FORWARD
  • The ordinance comes into effect as soon as the President gives his go-ahead
  • Then, it will need to be passed in both Houses within six weeks of the next Parliament sitting
HURDLES
  • Political parties have widely divergent views on the Bill and the route taken to implement it

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First Published: Thu, July 04 2013. 10:15 IST
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