A case for a revamped, need-based PDS
allocation made to FCI in lieu of subsidy. It has been reduced to zero for 2021-22. As on March 31, 2020, NSSF loans’ outstanding amount lying with FCI was ₹ 2,54,600 crore. SOURCE: UNION BUDGET DOCUMENTS High drawal rate During the three years, the quantity of food grains drawn by States (annually) hovered around 60 million tonnes to 66 million tonnes. Compared to the allocation, the rate of drawal was 91% to 95%. As the National Food Security Act (NFSA), which came into force in July 2013, enhanced entitlements (covering two-thirds of the country’s population), this naturally pu...
Source: thehindu.com