- Food subsidy is implemented jointly by Central and State governments.
- Major financial burden is borne by the Central government through FCI.
- Rationale:
- To ensure food security for the nation.
- To provide food grains at affordable prices to consumers.
- To safeguard the interests of farmers through price support operations (MSP).
- To maintain safety level of operational and buffer stocks.
- To stabilize prices during production shortfall.
- To transform crisis management-oriented food security into a stable system.