Food prices in India will go up, the govt debt will increase, the - TopicsExpress



          

Food prices in India will go up, the govt debt will increase, the deficit will widen; and it will be all blamed on the free market, hoarders, consumers and the international economy. Expect greater price rise. ------------------------------------------------------------------------------------------------- With 25 states and UTs yet to roll out the food security law, the Centre today gave three more months to them for implementing the landmark Act that will push up the food subsidy bill to Rs 1.31 lakh crore. The food security law came into force on July 5, 2013. As per the law, state governments were to implement the law within 365 days (by July 4, 2014). Twenty states and five union territories have not implemented the food law so far. So we have decided to extend the deadline by 3 months,
Posted on: Fri, 27 Jun 2014 09:32:40 +0000

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