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Food Security Bill Will Result In Higher Leakages: Ashok Gulati

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The fundamental flaw in the food Bill is that it is trying to achieve equity ends through price policy by giving grains at highly subsidised prices. This will grossly interfere with the functioning of grain markets, leading to large leakages (already, as per our calculations, leakages from the public distribution system amount to about 40 per cent) as well as efficiency losses, and is going contrary to emerging diversification in agriculture……Read More

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