Business Standard

Tuesday, December 24, 2024 | 11:36 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Centre's Garib Kalyan Scheme and the reality of a burgeoning subsidy bill

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

pulses, grains, farm produce
Premium

The present Food Corporation of India (FCI) stocking norms were last implemented from 2015

Sanjeeb Mukherjee New Delhi
Food grain stocking norms refer to the level of inventory in the Central Pool that is sufficient to meet the operational requirement of food grains and exigencies at any point of time.

These stocks are kept to ensure that if there is shortfall at any point of time in procurement due to whatsoever reason, the smooth functioning of the PDS is not hampered. Earlier this concept was called Buffer Norms and Strategic Reserve. The present Food Corporation of India (FCI) stocking norms were last implemented from 2015.

They consist of Operational stocks meant for meeting monthly distributional requirement under the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in