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Govt’s subsidy bill on rice and wheat touches 80,491 crore

13 Mar 2013 Evaluate

In the current fiscal so far, the government’s subsidy bill for providing cheap rice and wheat to the poor and below poverty line (BPL) families via ration shops touched Rs 80,491 crore. In 2011-12 fiscal, the government’s subsidy burden in providing rice and wheat through the targeted public distribution system (TPDS) stood at Rs 74,903 crore.

As of March 06, 2013, the subsidy on rice was Rs 36,540 crore while that on wheat was Rs 43,951 crore. On the other hand, in the previous fiscal, subsidy on rice stood at Rs 49,041 crore and that on wheat was Rs 25,862 crore.

TPDS is operated under the joint responsibility of the Union and State Governments. The responsibility of allocation of foodgrain with the state/UTs, issuance of ration cards and the supervision and monitoring of fair price shops rests with the states.

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