Friday, August 23, 2013

RBI Comes to the Table on Food Bill, says it’ll Eat into Finances

RBI has weighed in on the ongoing debate on the viability of the proposed Food Security Bill, warning the government would find it difficult to contain spending on the proposal within the budgeted amount even in 2013-14. Further, the central bank, which released its annual report on Thursday, also asserted that the rise in the quantum of subsidies would hamper investments.........


Read - ET

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