Outgo towards food subsidy pegged at Rs 2.05 lakh cr for budget 2024-25: FM Nirmala Sitharaman
Food subsidy is provided to meet the difference between the economic cost of foodgrains procured by the government and their sales realisation at the PDS rate called central issue price (CIP) under the National Food Security Act (NFSA) and other welfare schemes.
Source: indiatimes.com