Question
Consider the following statements regarding “Central Issue Price” (CIP):
Select the correct answer using the code given below:
- It is the price at which food grains are issued to the state governments
- It is fixed by the Food Corporation of India
- The present CIP for rice and wheat is Rs. 3/kg and Rs. 2/kg respectively
Select the correct answer using the code given below:
Answer: Option A
Answer: (a)
Central Issue Price (CIP) is the price at which food grains (wheat and rice) are issued to the state governments/ UTs from the central pool at uniform prices for distribution under TPDS.
CIP is fixed by the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution. CIP for rice and wheat has been fixed at Rs. 3/kg and Rs. 2/kg respectively in the National Food Security Act 2013, which should be revised in three years.
The eligible households get the food grains at the same price of Rs. 3/kg rice, Rs. 2/kg wheat and Rs. 1/kg coarse grains.
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Answer: (a)
Central Issue Price (CIP) is the price at which food grains (wheat and rice) are issued to the state governments/ UTs from the central pool at uniform prices for distribution under TPDS.
CIP is fixed by the Department of Food and Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution. CIP for rice and wheat has been fixed at Rs. 3/kg and Rs. 2/kg respectively in the National Food Security Act 2013, which should be revised in three years.
The eligible households get the food grains at the same price of Rs. 3/kg rice, Rs. 2/kg wheat and Rs. 1/kg coarse grains.
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