AreaIndia

Commodity GroupRice

CommodityAll

Date17/02/2014

Policy CategoryConsumption and marketing

Policy InstrumentFood subsidies

DescriptionAs part of its 2014-15 budget, raised allocations to food subsidies to Rupees 1.15 trillion (USD 19 billion), up from Rupees 920 billion (USD 15 billion) the previous year. The funds will be mainly destined to implement the National Food Security Act.

NotesExchange rate as of 15 March 2014.