Food, Civil Supplies and Consumer Affairs Minister Dinesh Gundurao said today Chief Minister Siddaramaiah would launch the programme here, which would be simultaneously unveiled in all districts.
Karnataka gets 1,78,000 tonnes of rice from the Centre every month and needs additional 1,07,000 tonnes to implement the initiative which would cost the exchequer Rs 4,200-Rs 4,300 crore this fiscal by way of subsidy.
It can buy from Chhatisgarh at Rs 22.90 per kg but with transportation cost it would be Rs 26-27. In addition, the government has already issued notification facilitating buying from NCDEX, where the bidding process starts on July 24. Besides, it's trying to procure rice from central agencies.
"There is sufficient stock. Let there be no doubt or apprehension over the implementation. There is financial support. There won't be any problem in its implementation", the Minister said.
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He said the ordinance on food security programme by the Centre would benefit the state's rice initiative as more people could be included in it with additional subsidy.
Government originally planned to implement the programme from June one but postponed it as it could not tie-up on the supply side. The opposition BJP has dubbed the programme a "hasty decision" without doing home-work. Karnataka is not a large rice producing state.