Food bill will hurt farm trade

The charter of the proposed National Food Security Bill (NFSB) is reminiscent of the socialistic era from the 1960s through the 1980s where the state decided how much a person needed and at what price that should be made available, irrespective of the cost of production. That model of nationalisation of grain trade collapsed with the demise of the Soviet Union. Though the intent of NFSB is laudable, its foundation is neither based on sound economics nor does it take into account hazards of implementation. 

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