A recent Indian government update to the country’s Food Security Bill, which came into effect last month, has raised eyebrows with some observers suggesting that the country may soon adopt a similar scheme in its food supply chain.
The Food Security Act of 2018, which was signed into law on August 6, aims to strengthen India’s food security by allowing foodstamps to be used for all forms of economic transactions, and to encourage farmers to increase the amount of cash they save by purchasing foodstuffs online.
According to the new rules, Indian farmers are entitled to receive up to a maximum of ₹50,000 in foodstamped funds each month, while those buying groceries can get up to ₘ1.5 million in food stamps.
The bill also includes a section to extend subsidies to farmers to purchase foodstuff online through the online shopping portal marketplace Foodbank.
Foodstamp benefits can be extended to anyone over the age of 18.
Although this has yet to be implemented, it is likely that a similar subsidy scheme is likely to be enacted in India’s economy.
Since this is the first time India has been introducing a similar program to its foodstamping system, many observers have suggested that India will eventually move toward a similar model.
As a result, many Indian citizens are beginning to question the safety of foodstAMP, given that the Indian authorities have promised to extend the benefit to everyone under 18 years old and to ensure that no-one over the legal age of 16 can apply.
With the new benefits, India may have finally made it possible for all of its citizens to benefit from a basic food security measure.
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