National food secu_1404268a
National Food Security Bill 2013 The Food Security Bill aims to guarantee very cheap food grains to almost 70% of India’s 1.2 billion population. But critics say the program will further bloat the already expensive subsidy bill to around $20 billion and some contend that it is wrong to extend a food subsidy system that is already broken, blighted with corruption and in which much food never reaches many of those for whom it is intended. Economists say the food security law may also jeopardize development of the agriculture sector as it would further incentivize farmers to produce low-margin grains, rather than focusing on cash crops that could help raise rural living standards and reduce dependence on imports of some staples.
Published on: Mar 3, 2016
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