 "food, vegetables, inflation, retail inflation")
The Food Corporation of India (FCI) will borrow a whopping Rs 1.36 trillion from the National Small Savings Fund (NSSF) to finance its burgeoning food subsidy bill in 2020-21, Budget documents showed. This is the highest in the past five years and almost 24 per cent more than last year.
This perhaps explains the so-called ‘under-provisioning’ of food subsidy in the 2020-21 Union Budget for FCI. This is because together with the budgetary allocation of Rs 77,982 crore, the total funds available to it to procure grains from farmers and distribute it at cheap rates to ration card holders comes
