Economy, asked by nareshshah261, 4 months ago


Issue price is at which the government supplies foodgrains

Answers

Answered by poluparthisruthi
0

Answer:

Government Supplies

Explanation:

Foodgrains via ration shops are supplied at a highly subsidised rate of Rs 3/kg for rice, Rs 2/kg for wheat and Rs 1/kg for coarse grains via PDS as per the National Food Security Act (NFSA).

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Government keeps selling price of PDS grains unchanged for 1 more year: Ram Vilas Paswan



Agencies

By keeping the central issue price of food grains unchanged under the NFSA, the government has shown its commitment towards the well-being of depressed class, Paswan said.

Synopsis

Foodgrains via ration shops are supplied at a highly subsidised rate of Rs 3/kg for rice, Rs 2/kg for wheat and Rs 1/kg for coarse grains via PDS as per the National Food Security

The government has decided not to hike prices of foodgrains sold via public distribution system (PDS) for one more year, Food Minister Ram Vilas Paswan 

Foodgrains via ration shops are supplied at a highly subsidised rate of Rs 3/kg for rice, Rs 2/kg for wheat and Rs 1/kg for coarse grains via PDS as per the National Food Security Act (NFSA)

"The Prime Minister has approved to keep central issue price of rice, wheat and coarse grains unchanged at the rate of Rs 3/2/1 per kg, respectively for further one year," Paswan told PTI.

By keeping the central issue price of food grains unchanged under the NFSA, the government has shown its commitment towards the well-being of depressed class, he said

Under the NFSA, which was passed in Parliament in 2013 during the previous UPA regime, there is a provision for revision of the issue prices of food grains every three years.

At present, the government supplies 5 kg of subsidised foodgrains to each person per month to over 81 crore people via 5,00,000 ration shops in the country, costing the exchequer about Rs 1.4

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