If clearing of FCI's outstanding dues and loans does not spur further reforms, they will once again reach current levels in the next 4-5 years, say experts
Budget will be presented on February 1
The annual food bill of the Parliament canteens hovers around Rs 20 crore
Of the Rs 1.15 trillion budgeted as food subsidy for the fiscal year, Rs 1.05 trillion was spent by October
For wheat, rice and pulses (notably chana), the central government has enough stock to ensure additional supplies for the next 3-4 months
After the Garib Kalyan Yojana was extended by five months from July To November, an additional subsidy of Rs 76,000 crore had to be borne by the govt
While govt would have saved Rs 18,000 cr by distributing 33 mn tonnes of grains that would otherwise have gone waste, its subsidy payout amounts to Rs 45,000 cr
In the short term, a detailed well communicated and credible medium-term fiscal consolidation plan is also important, alongside an increase in fiscal transparency, IMF said
States have also been asked to issue fresh ration cards to eligible disabled persons not covered under the NFSA
NIPFP's Rathin Roy said that providing income support and preventing wealth disruptions is a necessary requirement in the current situation.
Ending the monopoly of the mandis is a good thing, but early experiences show that the process can be problematic
Govt provides immediate relief, but demand boosters missing
From an average allocation of 25 kg for a five-member family, this decision will push it up to 35 kg
On Thursday, the state has reported one more positive case, taking the total confirmed COVID-19 cases to 28, of which 25 patients are under treatment, said state Chief Minister Pinarayi Vijayan
Fertiliser subsidy down, food subsidy up
As of now, the proposal on the table is to consider direct benefit transfer to farmers for food and fertilizer subsidies, sources said
The gap between the government's revenue and spending stood at Rs 8.07 trillion at the end of November - Rs 1 trillion (13 per cent) more than the full-year target.
Seeks making the scale of finance for agriculture credit more evidence-based
The implementation of National Food Security Act has halved the monthly food grain expenses of 75 per cent of India's rural population
This even if government clears all its allocated subsidy for 2019-20