The proposed ordinance on food security has been cleared at a meeting of the Union Cabinet on Wednesday after it considered whether to go ahead with promulgating it or convene a special session of Parliament for its passage, reports CNBC-TV18. On June 13, the Cabinet had deferred the proposal amid differences on the issue.
Also Read: Food Bill, a vote catching tool for Congress: BJP leader
It is estimated that food outgo due to the Food Bill will stand at Rs 1.25 lakh crore for FY14. The additional food subsidy outgo is estimated at Rs 23,800 crore. The ordinance will cover 67 percent of the Indian population and will offer rice, wheat and coarse grains at Rs 3, Rs 2 and Rs 1 a kilo respectively.
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