Cash Transfer System under PDS
December 10, 2012 at 7:27 pm | Posted in The Market | Comments Off on Cash Transfer System under PDS| Cash Transfer System under PDS | ||||||
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The Department proposes to introduce a pilot scheme in six Union Territories (UTs), namely Andaman & Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Puducherry 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 the economic cost. The cash subsidy equal to the difference in the economic 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. The scheme details of which will be finalized in consultation with UTs. etc. is expected to check leakages/diversion of foodgrains under TPDS and test the feasibility of launch of the scheme in other States.
The food subsidy released under Targeted Public Distribution System (TPDS) and Other Welfare Schemes (OWS) during 2011-12 and current year is as under:
(Rs. in crore)
The proposed scheme does not envisage any change in the quantum of food subsidy being presently paid to the six UTs.
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 the Rajya Sabha today. |
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