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

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Food Subsidies IMF Prescriptions Could Spell Trouble

Food Subsidies: IMF Prescriptions Could Spell Trouble Sukumar Muralidharan The rising burden of food and fertiliser subsidies indicates that market forces have been taking the food supply system further out of joint, rather than bringing it closer to equilibrium. The IMF prescription of gradually eliminating the subsidies ignores the underlying causes of this structural disjunction in the economy.

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