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English Release 19-April 2014
Date Month Year
  • Prime Minister's Office
  • PM greets the nation on Easter
  • Min of Earth Science
  • Revised Earthquake of the Magnitude
  • Earthquake of Great Magnitude
  • Earthquake of Moderate Magnitude
  • Ministry of Finance
  • Central Board of Direct Taxes Issues Detailed Guidelines for Laying Down Standard Operating Procedure for Verification/Correction of Arrear Tax Demand
  • Central Board of Excise and Customs Issues Rate of Exchange of Foreign Currency to Indian Rupees in Case of Imported and Export Goods

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Ministry of Consumer Affairs, Food & Public Distribution27-November, 2012 15:47 IST
Pilot Projects for Cash Subsidy
The Department proposes to introduce a pilot scheme for direct transfer of food subsidy under Targeted Public Distribution System (TPDS). Under the proposed scheme, foodgrains will be issued by Food Corporation of India at an appropriate cost near market price. The cash subsidy equal to the difference in the appropriate cost and the present issue price will be credited to the bank account of the beneficiary in advance to enable the beneficiary to purchase the foodgrains at this cost. The proposal does not involve dismantling the TPDS as foodgrains shall continue to be distributed to the beneficiaries under TPDS through the Fair Price Shops.

It is proposed to undertake the pilot scheme in six UTs, namely Chandigarh, Puducherry, Andaman & Nicobar Islands, Lakshadweep, Dadra & Nagar Haveli and Daman & Diu. The scheme is expected to check leakages/diversion of foodgrains under TPDS and test the feasibility of launch of the scheme in other States. The details of the scheme will be finalized in consultation with Union Territories, etc.

This information was given by the Minister of State (IC) for Consumer Affairs, Food & Public Distribution Prof. K.V.Thomas in a written reply in theLok sabha today.

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NCJ/ RV
(Release ID :89513)

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