India needs an additional Rs 200 billion (Rs 20,000 crore) to implement its proposed Food Security Bill, Food Minister K.V. Thomas told reporters on Thursday.
The current cost of the food subsidy is Rs 1 trillion (Rs 1 lakh crore), he added.
India is
drafting the bill, which when enacted would ensure subsidised grains to the poor. The bill was introduced in the lower house of parliament in 2011.
Source:
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
The current cost of the food subsidy is Rs 1 trillion (Rs 1 lakh crore), he added.