The primary objective of the bill is to guarantee cheap food grain to nearly 70% of India's 1.2 billion people. The broader aim is to alleviate chronic hunger and poverty in India.<br /><br />India accounts for a third of the world's poor, the World Bank said earlier this year.<br /><br />The bill, if passed, would provide subsidized food grain to 75% of India's estimated 833 million rural population and 50% of an estimated 377 million urban population.<br /><br />The government says it will spend about $4 billion a year on the program.<br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive