5 things you need to know about Food Security Bill
Ordinance at a glance
BS Reporter |
Last Updated at July 4, 2013 10:55 IST
ORDINANCE AT A GLANCE
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
WHY AN ORDINANCE?
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
THE WAY FORWARD
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 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
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