Food Subsidy in India: A Conceptual Study

Dr.Aarti Deveshwar and Ms. Saloni
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Dr.Aarti Deveshwar: Associate Professor - DCRUST - Deenbandhu Chhotu Ram University of Science and Technology
Ms. Saloni: Deenbandhu Chhotu Ram University of Science and Technology - Deenbandhu Chhotu Ram University of Science and Technology

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Abstract: Food subsidy is provided by the government to poor people by the Public Distribution System (PDS).Most of developed and developing countries provide subsidies to their agriculture sector. India also provides a high subsidy to the agriculture sector and a large part of it goes to the food subsidy. Food subsidy bill of India was 3.36 trillion for the year 2020-21. As food subsidies cover a larger part of all subsidies, it is a major part of India's food management policy, the government needs to pay attention to equalised distribution to all the needy persons. This study examined the trends of food subsidy in India and reason for the growth of food subsidy. Data has been obtained from the Food Corporation of India, agriculture statistics at a glance, Demand for Grants Analysis, Economic Survey and Government of India. Mean, standard deviation and coe cient of variation have been used. The study shows that there is continuous increase in the food subsidy and expenditure also goes up over the years.

Keywords: Food Subsidy India Public Distribution System; Food Subsidy; India; Public Distribution System (search for similar items in EconPapers)
Date: 2022-12-26
New Economics Papers: this item is included in nep-agr
Note: View the original document on HAL open archive server: https://hal.science/hal-03916069
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Published in Journal of Scholastic Engineering Science and Management, 2022, VOLUME 1, 1 (6), pp.1-15. ⟨10.5281/zenodo.7494159⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03916069

DOI: 10.5281/zenodo.7494159

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