Press Information Bureau

Government of India

Ministry of Consumer Affairs, Food & Public Distribution

26-November-2012 16:03 IST

Ministry of Finance vide Office Memorandum dated 25th October, 2012 has forwarded a copy of the actionable points of Kelkar Committee’s Recommendations relating of Department to Food & Public Distribution and same is being examined.

Kelkar Committee in its report has mainly emphasized on the need for adjusting price of petroleum products on regular basis as incremental steps towards eventual deregulation of diesel and on affordable level of subsidy on LPG and kerosene, increase in the Maximum Retail Price of urea, efficient system of foodgrains delivery and linking of Central Issue Price increases to Minimum Support Price increases.

This information was given by the Minister of State (IC) for Consumer Affairs, Food & Public Distribution Prof. K.V.Thomas in a written reply in the Rajya Sabha today.

****
NCJ/SAMIR/RV

Petroleum price adjustment recommended to enable gradual diesel deregulation and align subsidies for LPG and kerosene. Adjustment of petroleum product prices on a regular basis is recommended as an incremental pathway toward diesel deregulation, and the Ministry of Finance has forwarded actionable points of the Kelkar Committee report to the Department of Food & Public Distribution for examination. The Committee also urges calibrating affordable subsidy levels for LPG and kerosene, increasing the Maximum Retail Price of urea, improving foodgrain delivery efficiency, and linking Central Issue Price increases to Minimum Support Price increases.