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The Covid-19 pandemic is a leveller with the poor being protected through food transfers and other support measures while there was a decline in the income of the rich, said a top economist of State Bank of India (SBI).In a research report, Dr. ...
The rice/wheat procurement in relatively laggard states in terms of in equal wealth distribution had significant impact on reducing the inequality.
NEW DELHI, Jan 9:Free food distribution of cereals during the pandemic has starkly reduced income inequality across laggard states and those at the bottom of the pyramid, according to a report. SBI Ecowrap started the research with a hypothesis of how the free food grain distribution is impacting the distribution of wealth on population quintiles for the poorest of the poor. It has taken a cue from the the International Monetary Fund (IMF) Working Paper which indicated that Pradhan Mantri […]
'Adequate food grains available in central pool to meet requirement of welfare schemes like National Food Security Act and Pradhan Mantri Garib Kalyan Yojana', , PMGKY, Central Pool, food grains, wheat procurement, rice, union government
Wheat procurement in RMS 2022-23 has so far benefitted 17.85 Lakh farmers with an MSP value of Rs 37,859.34 crore, the ministry said, , The central government, wheat procurement, farmers, minimum support price, Ministry of Consumer Affairs & Food and Public Distribution