Topic: subsidy

Taking Stock of India’s Food Subsidy Bill

Based on the research of Bharat Ramaswami, Sridhar Seshadri and Krishnamurthy V Subramanian How increasing minimum support prices are leading to burgeoning buffer stocks for cereals, persistent food inflation and increasing food subsidy. Over the last two decades, the role of the Indian government in stabilising prices of grains has led to significant accumulation of food grain stock. While procurement prices have …

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