India approves food bill to subsidise grain for the poor

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Vote breaks deadlock over programme, which government hopes will fight hunger and malnutrition, and boost the economy

rajendrashende‘s insight:

Bold step, yes indeed historic. Comes at  the time when Indian Curent Account Deficit and infaltion have crossed the dangerous boundaries . It is a scheme  that would make excellent case study in public finance manamgement . 

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