Food Security Bill – Two Sides of the Coin The Indian Parliament passed the National Food Security Bill (FSB) this week. It will become law once it is signed by the president, which is a mere formality. FSB authorizes the government of India (GOI) to provide food (grains) to 67 percent of the Indian population at subsidized rates. It is reported that the total cost will be 1.2 percent of India's GDP. As GOI already provides food subsidies at a cost of 0.8 percent of GDP, the bill represents only an additional 0.4 percent. The value could be between $18-21 billion, depending upon the GDP number. If that number is $1.6 trillion, then the extra expense would be $19.2 billion.As grain costs are high, and there is corruption in the Public D...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.