India’s budget for a family of four is more than a trillion rupees ($11,500) and the government has a large cash cushion of nearly Rs1,000 crore.
That’s the equivalent of about 1.2 percent of India’s GDP.
But when you consider the health care, education and infrastructure spending that the government spends on the average, it comes down to about half of what the government pays for food.
India spends $50 billion a year on food subsidies.
So, it’s a tough sell when you’re spending $50 on a family meal.
But India has a long history of being a frugal nation.
It is also a nation of great food, with some of the world’s best-known restaurants serving a wide range of dishes.
Food prices are rising in India as well, and the country’s economy is on the verge of a third recession in a row.
But the government is taking steps to keep inflation under control.