What is the difference between the issue price and the economic cost of foodgrains?

Food subsidy

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Dual subsidy

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Target subsidy

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Revamped subsidy

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Solution

The correct option is A
Food subsidy

Subsidy is a payment that the government makes to a producer to supplement the market price of a commodity. The difference between the issue price and the economic cost of foodgrains is reimbursed to the FCI. This difference is called food subsidy.

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What is the difference between the issue price and the economic cost of foodgrains?

The correct option is A Food subsidy Subsidy is a payment that the government makes to a producer to supplement the market price of a commodity. The difference between the issue price and the economic cost of foodgrains is reimbursed to the FCI. This difference is called food subsidy.

The correct option is A
Food subsidy

Subsidy is a payment that the government makes to a producer to supplement the market price of a commodity. The difference between the issue price and the economic cost of foodgrains is reimbursed to the FCI. This difference is called food subsidy.