New Delhi: President Pranab Mukherjee on Friday signed the ordinance on food security to give nation's two-thirds population the right to get 5kg of foodgrains every month at highly subsidized rates of Rs 1-3 per kg.
Mukherjee cleared the ordinance, which was received by the President's secretariat last night, ending speculation that he may not be in a rush to give his nod in the wake of strong reservations over its present form expressed by BJP, Left and some other major parties.
The food security programme will be the biggest in the world with the government spending estimated at Rs 125,000 crore annually on supply of about 62 million tonnes of rice, wheat and coarse cereals to 67 per cent of the population.
The Cabinet, which had last month deferred a decision on the issue following differences within, had approved promulgation of an ordinance to implement the Food Security Bill on Wednesday.
The ordinance comes just weeks before the scheduled Monsoon session of Parliament and political parties demanding that the Food Security Bill be debated in both Houses before being passed.