A decision in this regard may be taken by the Cabinet Committee on Economic Affairs when it meets on Thursday.
“The PMO has written a letter to the food ministry asking it to put the proposal immediately before the Cabinet,” said a food ministry official.
In the current season, less than 5,000 tonne has been shipped till now due to low global prices.
Growing alternative crops such as maize, mustard and cotton is expected to reduce water consumption and help revive the water table in Punjab, which is sinking by 33 cm every year.
FM's budget for 2013-14 has provided Rs 10,000 crore for the National Food Security Bill over and above food subsidy.
"The economic survey attributed lower growth in agriculture and industrial activities for the significant slowdown in the overall growth of the economy."
The Centre’s move to decontrol sugar may get delayed after the finance ministry raised concerns over a rise in subsidy burden.
The ministry has recommended the removal of levy sugar obligation on mills from this season which began October 2012.
The Centre may find it tough to build political consensus on the National Food Security Bill as several non-Congress-ruled states opposes the scheme.
The Centre has constituted a task force for improving sugarcane productivity and sugar recovery, which will submit its report by April this year.
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