Taking the bite out of food prices

Rising food prices have dominated discussions not only in the corridors of the power but also in every household in the last few years. Food inflation, hovering around 4% during FY01–FY08, jumped to double-digit figures during FY09–FY13, and is continuing at this high pace. In 2013,on a year-on-year basis, food price inflation, which was 10% in the month of June jumped to more than 18% in October.

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