The Challenge of Food Inflation

Published By: RBI on eSS | Published Date: November, 22 , 2011

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].

Author(s): Duvvuri Subbarao | Posted on: Nov 24, 2011 | Views(985) | Download (836)


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