Food subsidy bill to rise by 27 p.c. this year

The country's food subsidy bill is expected to jump by 27 per cent to Rs 74,231 crore in the 2010�11 fiscal, the Lok Sabha was told today. This is due to a rise in support price and higher procurement and distribution of foodgrains via ratio shops. Last year, the government's food subsidy bill stood at Rs 58,242.45 crore. "The amount allocated for food subsidy during 2010�11 is Rs 59,354.56 crore http://bit.ly/hCWxH4