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The Challenge of Food Inflation

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  • Duvvuri Subbarao
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    Abstract

    The 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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    Bibliographic Info

    Paper provided by eSocialSciences in its series Working Papers with number id:4594.

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    Date of creation: Nov 2011
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    Handle: RePEc:ess:wpaper:id:4594

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    Related research

    Keywords: 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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    Cited by:
    1. Inoue, Takeshi & Hamori, Shigeyuki, 2012. "Market efficiency of commodity futures in India," IDE Discussion Papers, Institute of Developing Economies, Japan External Trade Organization(JETRO) 370, Institute of Developing Economies, Japan External Trade Organization(JETRO).

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