Signalling its commitment to roll out the Food Security Bill in the next fiscal, finance minister Pranab Mukherjee is likely to announce a token allocation of Rs 5,000 crore in the forthcoming budget. The funds would primarily be directed at creating and strengthening the institutional arrangement to deliver the massive allotment promised under the scheme. The food security bill is of extreme political importance to the United Progressive Alliance (UPA) which had pitched the programme as an electoral promise in 2009. The government hopes that the scheme will bring in votes for the UPA in the next General Elections (2014) similar to the 2009 elections when National Rural Employment Guarantee Programme attracted the rural voters.
Source: Economic Times
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