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Centre earmarks Rs 1.80 lakh crores for providing subsidised wheat, rice : Union Minister

ANI  |  General News 

In the backdrop of coronavirus outbreak and subsequent lockdown, the Centre has earmarked Rs 1.80 lakh crores for providing wheat at Rs 2 per kg and rice at Rs 3 per kg, Union Minister Sadananda Gowda on Wednesday.

Enumerating about the Union Cabinet decision, he said: "Union Cabinet has decided to provide wheat at Rs 2 per kg which is worth Rs 27 per kg and rice at Rs 3 per kg which is worth Rs 37 per kg. A total amount of Rs 1 lakh 80 thousand crores is being spent for the cause. The amount will be given in advance to the states for the coming 3 months," Gowda tweeted.

The decision was taken in the Cabinet meeting headed by Prime Minister Narendra Modi at his residence earlier today.

On Tuesday, Prime Minister Narendra Modi announced a 21-day lockdown in the entire country to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 25 2020. 19:51 IST
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