Trade and markets
 

Detail

Area
India
Commodity Group
Rice
Commodity
All
Date
17/02/2014
Policy Category
Consumption and marketing
Policy Instrument
Food subsidies
Description
As 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.
Notes
Exchange rate as of 15 March 2014.