Monday, February 24, 2014

Food subsidy Vs OROP





Food subsidy can fill poverty gap twice  !
A Hindu front page report highlights how money is lost on account of paying for inefficiency and FCI  incurring huge costs on holding food grains.
The poverty gap estimated is 55744 crores.

Interim budget provides   92000 crores (to be restricted to 115000 crores )

How, do you think, the difference  vanishes ?

But why do I talk about food safety and subsidies now ?  The  implementation of OROP justice to the Defence pensioners costs about 5000 crores.  And that for the whole Central Govt employees would cost about 9000 crores.  This is being treated as a heavy burden on Govt finances.  How can this be justified ?  A genuine and just  expenditure  Vs  a ten fold misuse !!





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