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Economics • Indian EconomyEasy

What is the primary purpose of the 'National Food Security Act' (NFSA), 2013 in India?

A. To provide subsidized food grains to approximately two-thirds of India's population under the Targeted Public Distribution System✓ Correct Answer
B. To establish minimum support prices for all horticulture and floriculture produce nationwide
C. To regulate food adulteration and ensure safety standards in packaged consumer goods
D. To provide zero-interest loans to corporate food processing units in rural industrial clusters

💡 Solution & Explanation

The National Food Security Act of 2013 legally entitles subsidized food grains to nearly two-thirds of India's population under the Targeted Public Distribution System, fulfilling constitutional welfare commitments. Unlike options suggesting minimum support prices or corporate loans, the legislation specifically focuses on nutritional security through heavily subsidized rice, wheat, and coarse grains. Beneficiaries under this Act receive fixed quantities of food grains per person per month at nominal prices.

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