Pattern of central share under Food Security Act approved

Posted on 26th Mar 2015 12:57 pm by mohit kumar

New Delhi, March 25 (IANS) The government on Wednesday approved the norms of expenditure and the pattern of central share on assistance to states and union territories (UTs) under the National Food Security Act (NFSA).

The decision was taken by the union cabinet under the chairmanship of Prime Minister Narendra Modi.

The decision will help in the smooth implementation of the NFSA and will benefit the people, the cabinet said in a statement.

The assistance will be available to states/UTs where implementation of NFSA has started.

The estimated financial assistance likely to flow to states/UTs annually, when the Act is fully implemented in all states/UTs, is Rs.4,341 crore.

Accepting the recommendations of the 14th Finance Commission, the government had hiked the share of states in central taxes, from 32 to 42 percent, increasing availability of funds at their end.

Inspite of the reduced share of the government, it has agreed to this additional burden in the cost of transportation of foodgrains and margins to fair price shops to ensure that the beneficiaries continue to get foodgrain at subsidised prices.

The NFSA has so far been implemented only in 11 states/UTs.

The NFSA came into force from July 5, 2013. It, amongst other things, provides for legal entitlement to two-thirds of the population to receive foodgrains at highly subsidised prices of Rs.1/2/3 per kg for coarse grains/wheat/rice, respectively.

Other news

Story of high spirits: Did not leave studies even after losing both hands, giving exams by writing with feet, dreams of becoming an IAS

Our country is full of talent. Every day the story of some talented person keeps coming to the fo

KKR vs DC: There will be a lot of runs in Eden Gardens, and bowlers will be craving for wickets! Understand the condition of the pitch through statistics

Kolkata Knight Riders will clash with Delhi Capitals in the 47th match of IPL 2024. In the f

Salman Khan: 'Go to the temple and apologize or give five crores', Bishnoi gang threatens Salman Khan; message sent to police

Bollywood actor Salman Khan has once again received a death threat. A threatening message has bee

Covid-19: Central Government praises Mumbai model, know what BMC did to control Corona

The central government has praised the Mumbai model for hospital management for Kovid patients. T

The impact of the second wave of Covid in the country: more than 10 million people became unemployed; 97% of households lost their earnings; It will take a year to get good jobs

The second wave of Corona led to the loss of jobs of more than 1 crore Indians in the country and

Ajey, The Untold Story Of A Yogi: The way is cleared for the release of CM Yogi's biopic. The film will be released in theatres on this day

The film 'Ajay: The Untold Story of a Yogi' based on the life of Uttar Pradesh Chief Minister Yog

82 Thousand Deaths: France Is The Fourth Country In The World Where More Than 10 Thousand Lives Were Lost, 1,417 People Died Here In One Day

Washington / Rome / Beijing. So far 82 thousand people have died due to coronavirus worldwide. 14

Ahead of its launch in India, OnePlus Nord 2T 5G with 12GB of RAM has been on the rise, people crazy about the features

OnePlus Nord 2T 5G: This upcoming smartphone of OnePlus in India has been launched in Europe befo

T20 WorldCup: India-Pakistan T20 World Cup match under threat of terrorist attack, ISIS-linked organization issues video threat

The countdown to the T20 World Cup has begun. The tournament is starting from June 2 as per India

India-Israel: Iran's comment on Indian treatment of minorities is ridiculous, Israeli ambassador hits back

Israeli Ambassador Reuven Azar on Wednesday condemned Iran's Supreme Leader Ayatollah Ali Khamene