Food Security Bill may widen fiscal deficit
The National Food Security Bill may get Parliament's nod soon. It aims to provide wheat and rice to almost two-thirds of India's population of 1.2 billion at highly subsidised rates. But this showpiece legislation will come at a steep price, adding substantially to the government's food subsidy bill and widening the fiscal deficit. There will also be problems of implementation.
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The National Food Security Bill may get Parliament's nod soon. It aims to provide wheat and rice to almost two-thirds of India's population of 1.2 billion at highly subsidised rates. But this showpiece legislation will come at a steep price, adding substantially to the government's food subsidy bill and widening the fiscal deficit. There will also be problems of implementation.
Graphic by Santosh Kushwaha
Research by Jyotindra Dubey
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Graphic by Santosh Kushwaha
Research by Jyotindra Dubey
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