The Telegraph
Since 1st March, 1999
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Cheap food scheme for the destitute

New Delhi, April 30: The Cabinet Committee on Economic Affairs (CCEA) has expanded the scope of the Antodaya Anna Yojana (AAY) by extending benefits of the cheap foodgrain programme to destitute families, tribals and individuals who lived without family support.

The CCEA has decided to expand the AAY to cover the destitute sections of the population, a government spokesperson said. “The expanded AAY will cover an additional 50 lakh families below the poverty line,” the spokesperson said.

The CCEA, which met yesterday, has also approved raising the equity of Bharat Petroleum in the 6-million tonne Bina refinery in Madhya Pradesh from 26 per cent to 50 per cent.

Oman Oil Company will hold about 2 per cent equity while the rest will be held by the financial institutions and the public.

The committee approved the proposal of the Shipping Corporation of India (SCI) to acquire two very large crude carriers of three lakh DWT each at a price of $ 65.20 million per vessel on cash basis.

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