The Challenge of Food Inflation
AbstractThe trends in food inflation over the past 60 years are given. Having thus set the context, the factors driving structural food inflation, which should give us a perspective of the underlying dynamics and the nature of the challenge are also brought out. The policy measures for addressing the challenge of food inflation on a durable basis are outlined. The role of monetary policy in the face of supply shocks are also described. [Presidential Address delivered at the 25th Annual Conference of the Indian Society of Agricultural Marketing at Hyderabad]. URL:[http://rbidocs.rbi.org.in/rdocs/Speeches/PDFs/FIS221111.pdf].
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Date of creation: Nov 2011
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food inflation; reserve bank; India; monetary policy; inclusive; sustainable growth; agriculture; food grains; buffer stocks; supply pressures; policy action; financialisation; commodities; primary food articles; per capita income;
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- Inoue, Takeshi & Hamori, Shigeyuki, 2012.
"Market efficiency of commodity futures in India,"
IDE Discussion Papers, Institute of Developing Economies, Japan External Trade Organization(JETRO)
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- Takeshi Inoue & Shigeyuki Hamori, 2014. "Market efficiency of commodity futures in India," Applied Economics Letters, Taylor & Francis Journals, Taylor & Francis Journals, vol. 21(8), pages 522-527, May.
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