The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its nod for additional allocation of food grains to States — subject to availability in the central pool — at the prevailing minimum support price.
In addition to the entitlement of States under the National Food Security Act, the Centre, from time to time, makes available non-Public Distribution System food grains for festival seasons or during a calamity. Earlier, this allocation used to be at the economic cost.
The support price for wheat for the 2013-14 marketing season is Rs. 13.50 paise per kilogram as against the economic cost of Rs. 20.00 per kg.
As against the economic cost of Rs. 26.00 per kg, the support price of common variety rice for 2012-13 is Rs. 12. 50 paise per kg while for Grade ‘A’ it is Rs. 12.80 paise per kg.
Consequently, the CCEA approved the revision in prices of food grains allocated to Uttarakhand for flood relief from economic cost to the minimum support price.
Published - January 03, 2014 03:38 am IST
