Why India's Food Bill is bad for agriculture

July 04, 2013 11:36

Under the National Food Security Bill, India will initially spend an estimated $4 billion a year on supplying about 70% of its population with cheap grain. Some farmers say it's not worth it. Read

The government on Wednesday decided to promulgate an Ordinance to give nation's two-third population the right to 5 kg of foodgrain every month at highly subsidised rates of Rs 1-3 per kg.

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