The Rajya Sabha passed the Food Security Bill last night after 10-hour-long debate. The bill was already passed by Lok Sabha last week. The bill will now go to President Pranab Mukherjee for his formal assent. A statutory resolution seeking to disapprove the ordinance promulgated on July 5, was also passed.
The Food Security Bill will cost the exchequer Rs 1.25 lakh crore per annum. The bill will guarantee 5 kg of rice, wheat and coarse cereals per month per person at Rs 3, 2, 1, respectively.