Food Inflation

Price Stabilisation Fund

July 22, 2023

To address the current surge in tomato prices and ensure affordability for consumers, the government has initiated the procurement of tomatoes through the Price Stabilisation Fund (PSF). These tomatoes are being provided to consumers at significantly subsidized rates. Establishment and ..

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Onion Shortage threatens the world

February 24, 2023

Onion shortages are increasing all over the world. From Morocco to the Philippines, the governments are protecting their onion supplies. Morocco, Turkey, and Kazakhstan have stopped exporting onions due to their increasing demand and soaring prices in their homeland. Why ..

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Black Sea Grain Deal

February 15, 2023

Ukraine is one of the largest exporters of food grains such as rapeseed, maize, wheat, and sunflower oil. The country has good access to the Black sea ports. Ukrainian ports in the Black sea are the lifelines of the country’s ..

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CPI and WPI based inflation Data Updates

February 15, 2023

The Wholesale Price Index reduced to 4.73% and the Consumer Price Index increased to 6.52% in January 2023. The WPI was 4.95% in December 2022 and the CPI was 5.72% in December 2022. In January 2022, the WPI was 13.68%. ..

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Sale of 30 LMT of wheat under Open Market Sale Scheme

January 28, 2023

Under the Open Market Sale Scheme, the Food Corporation of India sells surplus rice and wheat stocks. The prices of the food grains are pre-determined. Recently, the Government of India issued orders to the FCI to sell 30 LMT of ..

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2022 Global Food Security Index (GFSI) Report

December 15, 2022

The 2022 Global Food Security Index (GFSI) report was released by the British weekly The Economist. In this report, South Africa overtook Tunisia to become the most food-secure country in Africa. What are the key findings of the report? Vulnerability ..

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Russia withdraws from Black Sea Grain Initiative

November 1, 2022

Russia recently pulled out of the Black Sea Grain Deal, which was launched to mitigate food inflation caused by conflict in Ukraine. What is Black Sea Grain Initiative? The Black Sea Grain Initiative was an agreement between Russia and Ukraine ..

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World Bank study on Energy Prices

October 31, 2022

The World Bank recently released the October 2022 edition of the Commodity Markets Outlook. What are the key findings of the Commodity Markets Outlook report? The projections of commodity prices are subject to numerous risks. Energy markets are facing significant ..

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CPI inflation reaches 7.41% in September 2022

October 13, 2022

India’s retail inflation surged to a 5-month high in September, surpassing RBI’s upper margin of 6 per cent for the ninth consecutive time. Key facts Retail inflation, measured using the Consumer Price Index (CPI), has increased from 7 per cent ..

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World Bank’s GDP projection for India

October 7, 2022

The World Bank had recently downgraded India’s real GDP growth forecast for the Financial Year 2023 (2022-23). Key facts In its latest South Asia Economic Focus Update, the World Bank had slashed India’s real GDP growth forecast from the earlier ..

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