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2.97 lakh crore in the current financial year, the government will issue food subsidy

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language | Updated: 19 Feb 2021, 08:55:00 PM

New Delhi, 19 February (Language) The Food Ministry on Friday said that the government will issue food subsidy of about Rs 3 lakh crore in the remaining two months of the current financial year. The reason for this is that it wants to eliminate all previous dues in the subsidy head. The ministry also said that states like Punjab and Haryana would inevitably have to use electronic means to pay the price of the crop (MSP) to farmers. The Ministry said that to transfer the Minimum Support Price (MSP) to the farmers and to avoid delays

New Delhi, 19 February (Language) The Food Ministry on Friday said that the government will issue food subsidy of about Rs 3 lakh crore in the remaining two months of the current financial year. The reason for this is that it wants to eliminate all previous dues in the subsidy head. The ministry also said that states like Punjab and Haryana would inevitably have to use electronic means to pay the price of the crop (MSP) to farmers. The ministry said that farmers would have to use electronic means to transfer the minimum support price (MSP) and avoid delays. He said that the new system will not eliminate the existing methods of purchasing crops through mandis and adhatiyas (middlemen). The government provides food grains at subsidy under the National Food Security Act (NFSA) and other welfare schemes. Under the Food Act, the Center provides 5 kg of wheat and rice at the rate of Rs 2-3 crore per person per month to more than 80 crore people. “The government has released a record amount of Rs. 1,25,217.62 crore this year,” the statement said. Further Rs 2,97,196.52 crore will be released during this financial year, out of which food subsidy for Punjab is Rs 1,16,653.96 crore as reflected in the PFMS. “PFMS refers to the Public Financial Module System. About Rs 24,841.56 crore is for Haryana. As per the budget presented recently, the food subsidy increased sharply to Rs 4,22,618.14 crore in the Revised Estimates (RE) of FY 2020-21 from Rs 1,15,569.68 crore in the budget estimate. The Center distributed free food grains to help the poor migrant from the effects of the COVID-19 epidemic. For the next financial year, food subsidy is estimated at Rs 2,42,836 crore. The ministry said, “The Government of India has no intention of abolishing the arteries in Punjab and Haryana and no instructions have been issued to eliminate the archeries from the mandi system.” This ensures that payment to all participants, including farmers, jobbers and mandis, will be ensured in a transparent manner. The ministry said, “It is not an end to the existing APMC system.” It only ensures transparency and eliminates mess. ”The ministry said that the electronic payment method of MSP is already applicable across India, with the Center at least ensuring it in Punjab and Haryana from 2015-16. trying to. Three new agricultural laws were enacted in September last year. Thousands of farmers (against these laws), mainly from Punjab, Haryana and western Uttar Pradesh, have been protesting against the Delhi border for three months. They demand that these three agricultural laws should be repealed and legal guarantee of MSP be given.

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