What is Weighing Down Food Inflation in India?
Improved supply chain management and government policies like MSP (Minimum Support Price) control have been playing a big part in keeping food inflation in check.
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Lately, bumper harvests in major crops like wheat and rice have been keeping food inflation in check. Also, the government鈥檚 proactive measures, like minimum support prices and better supply chain management, help stabilize prices.
It's mainly the bumper crop yields and strategic reserve management by the government.
Rain gods must be happy! Good monsoon seasons have increased agricultural output, which helps stabilize food prices.
Recent policy changes and subsidies on fertilizers and seeds have played a big role. More affordable inputs mean cheaper food production.
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