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Halting of Policies
March 30 , 2020
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- As the outbreak of corona virus has hit revenue collection, the Government of India has dropped three crucial policies.
- The revenue collection for the fiscal year 2019-20 has contracted by 3.5% in the first 11 months.
- The food ministry had earlier proposed taxes on imported crude and refined vegetable oil from Malaysia.
- The Food Ministry had also proposed supply subsidized rice and wheat to millions of people.
- The Food Ministry also proposed to provide vitamin-fortified rice that involved an expenditure of 5 trillion rupees.
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