ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Efficiency and Equity of Food Market Interventions

This paper reviews the economic rationale of food market interventions in India, the problems that arise in designing these policies and their performance. The evaluation points to certain directions of reform which require that the framework of a centralised public distribution system be set aside in favour of a regionally differentiated safety net of food subsidies sensitive to local consumption patterns, needs and circumstances.

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