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Rediff.com  » Business » India needs extra Rs 20,000 cr to implement food security bill

India needs extra Rs 20,000 cr to implement food security bill

By Mayank Bhardwaj
February 14, 2013 12:49 IST
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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.

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Mayank Bhardwaj in New Delhi
Source: REUTERS
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