Government not to hike PDS prices
New
Delhi,
Nov.
20
:
The
government
has
decided
not
to
increase
the
Central
Issue
Price
or
CIP
of
food
grains
under
Targeted
Public
Distribution
System
or
TDPS
scheme.
The Loksabha was informed about the government"s decision on 19th November. As PDS rates are lower than the market price and even the purchase price at which grains are bought by the Food Corporation of India or FCI, the Centre foots the subsidy bills.
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Story first published: Tuesday, November 20, 2007, 15:13 [IST]