Govt releases Rs 4,300 cr for FCI against the subsidy claim of Rs 32,652 cr: Media Reports

The ruling UPA government informed the Parliament that it has paid nearly Rs 4,300 crore to the Food Corporation of India (FCI) as against the food subsidy claim of Rs 32,652.43 crore of last fiscal, said PTI report.

in a written reply to the Lok Sabha, Food Minister KV Thomas said, "For the year 2012-13, provisional claim of Rs 32,652.43 crore has been received from FCI against which amount of Rs 4,295.05 crore has already been released."

Report said that Food Ministry has approached Finance Ministry for additional requirement of funds.

The final claim of FCI till 2011-12 has already been settled except for an amount of Rs 109.61 crore due for 2010-11, Thomas added.

Dion Global Solutions Ltd.

Read more about: food subsidy, fci
Story first published: Wednesday, August 7, 2013, 9:20 [IST]
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?