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LATEST NEWS UPDATES | India needs extra Rs 200 billion to implement food security bill: Food Minister KV Thomas

India needs extra Rs 200 billion to implement food security bill: Food Minister KV Thomas

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published Published on Feb 14, 2013   modified Modified on Feb 14, 2013
-Reuters

India needs an additional Rs 200 billion ($3.72 billion) 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, 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.

The Economic Times, 14 February, 2013, http://economictimes.indiatimes.com/news/economy/policy/india-needs-extra-rs-200-billion-to-implement-food-security-bill-food-minister-k-v-thomas/articleshow/184


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