PM POSHAN: Centre to Bear Additional Cost of ₹425.62 Cr Due to Food Inflation

PM POSHAN: Centre to Bear Additional Cost of ₹425.62 Cr Due to Food Inflation

Static GK   /   PM POSHAN: Centre to Bear Additional Cost of ₹425.62 Cr Due to Food Inflation

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The Hindu: Published on December 11, 2024:

 

Why in News?

The Centre has committed to bearing an additional cost of ₹425.62 crore for food material inflation under the PM POSHAN Scheme in FY 2024-25. This scheme provides hot cooked meals to 11.7 crore students in government and government-aided schools across India.

 

The Story So Far:

Inflation Adjustment: The Education Ministry has enhanced material costs of pulses, vegetables, and oil by 13.7%, based on the Labour Bureau's inflation index.

Revised Rates: Effective December 1, 2024, the material cost per meal is increased to ₹6.19 for Balvatika and primary classes, and ₹9.29 for upper primary classes.

Missed Revision in Previous Years: Inflation values for 2022-23 (6.45%) and 2023-24 (6.74%) have also been considered.

 

Key Features of the Scheme:

Nutritional Allocation: Balvatika and primary students receive 20g pulses, 50g vegetables, and 5g oil per meal. Upper primary students receive 30g pulses, 50g vegetables, and 7g oil.

State Contribution: States/UTs may contribute more than their prescribed share for better nutrition.

Foodgrain Supply: The Centre provides about 26 lakh tonnes of foodgrains annually at a cost of ₹9,000 crore, including 100% transportation subsidy.

 

Key Issues:

Inflation Impact: Rising costs necessitate adjustments to ensure continued meal quality.

Financial Responsibility: While the Centre bears significant costs, States and UTs must ensure efficient implementation.

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