Lok Sabha Question No. 2128 (UNSTARRED), answered on 2023-08-02
Subject: Price Stabilization Fund
Ministry: CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION
Asked by: Jayant Sinha

## 2128. SHRI JAYANT SINHA:

## Will  the  Minister  of CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION miHkksDrk ekeys] [kk| vkSj lkoZtfud forj.k ea=h be pleased to state:

- (a) the details of the fund allocation and utilization of the Price Stabilization Fund (PSF) in the last five years, State-wise;
- (b) the details of the current status of the State level Price Stabilization Fund of Jharkhand; and
- (c) the initiatives taken by the Government to monitor the PSF and Utilization Certificates based on the recommendation of the Standing Committee on Food, Consumer Affairs and Public Distribution?

## ANSWER

## miHkksDrk ekeys] [kk| vkSj lkoZtfud forj.k jkT; ea=h (श्री अश्विनी क ु मार चौबे)

## THE MINISTER OF STATE CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION (SHRI ASHWINI KUMAR CHOUBEY)

- (a) : The details of year-wise budgetary support allocated under Price Stabilisation Fund (PSF) Scheme and the amount utilised and also the State-wise details of funds released from PSF Corpus for setting up State-level PSF in last five years are given at Annexure-I .
- (b) : Government of Jharkhand had submitted a proposal, vide letter  dated 21.09.2021,  for  creation  of State-level PSF. The proposal was examined and details were sought from the State Government via e-mail dated 25.10.2021. Further reminders were sent to the State, vide letters dated 31.12.2021, and followed up with letters on 03.06.2022 and 27.07.2023. The State Government has not responded till date.
- (c) : The Department of Consumer Affairs is proactively pursuing the States to utilise the funds provided for  setting  up  State-level  PSF  by  holding  meeting  with  the  States  which  availed  of  the  fund.  Separately, meetings had been held with States Governments which have not availed of the fund for setting up their own State-level PSF.

***

## Government of India

## Ministry of Consumer Affairs, Food and Public Distribution Department of Consumer Affairs

## LOK SABHA

## UNSTARRED QUESTION NO. 2128

TO BE ANSWERED ON 02.08.2023

## PRICE STABILIZATION FUND

| Year-wise details of funds allocated and utilized under Price Stabilisation Fund (PSF) in last five years Rs. in crore   | Year-wise details of funds allocated and utilized under Price Stabilisation Fund (PSF) in last five years Rs. in crore   | Year-wise details of funds allocated and utilized under Price Stabilisation Fund (PSF) in last five years Rs. in crore   |
|--------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|
| Year                                                                                                                     | Revised Estimate (RE)                                                                                                    | Actual Utilization                                                                                                       |
| 2018-19                                                                                                                  | 1500.00                                                                                                                  | 1500.00                                                                                                                  |
| 2019-20                                                                                                                  | 1820.00                                                                                                                  | 1713.00                                                                                                                  |
| 2020-21                                                                                                                  | 11800.00                                                                                                                 | 11135.30                                                                                                                 |
| 2021-22                                                                                                                  | 2250.00                                                                                                                  | 2030.83                                                                                                                  |
| 2022-23                                                                                                                  | 0.01                                                                                                                     | 0.01                                                                                                                     |

| Funds released to States for creation of State Level PSF during last five years   | Funds released to States for creation of State Level PSF during last five years   | Funds released to States for creation of State Level PSF during last five years   | Funds released to States for creation of State Level PSF during last five years   | Funds released to States for creation of State Level PSF during last five years   | Funds released to States for creation of State Level PSF during last five years   | Funds released to States for creation of State Level PSF during last five years   | Funds released to States for creation of State Level PSF during last five years   |
|-----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|
| State                                                                             | 2018-19                                                                           | 2018-19                                                                           | 2019-20                                                                           | 2019-20                                                                           | 2020-21                                                                           | 2021-22                                                                           | 2022-23                                                                           |
|                                                                                   | Allocation                                                                        | Utilization                                                                       | Allocation                                                                        | Utilization                                                                       |                                                                                   |                                                                                   |                                                                                   |
| Odisha                                                                            | 25.00                                                                             | 0                                                                                 | -                                                                                 | -                                                                                 | -                                                                                 | -                                                                                 | -                                                                                 |
| Tamil Nadu                                                                        | -                                                                                 | -                                                                                 | 2.50                                                                              | 0                                                                                 | -                                                                                 | -                                                                                 | -                                                                                 |
| Assam                                                                             | -                                                                                 | -                                                                                 | 75.00                                                                             | 0                                                                                 | -                                                                                 | -                                                                                 | -                                                                                 |
| States Total                                                                      | 25.00                                                                             | 0                                                                                 | 77.50                                                                             | 0                                                                                 | -                                                                                 | -                                                                                 | -                                                                                 |

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