Monday, May 26, 2014

A full plate for Modi

......If inflation was the textbook definition of “too much money chasing too few goods,” it would have been arrested by now as a result of the tight money policy followed by the Reserve Bank of India. Unfortunately, inflation, especially food inflation, is largely a problem on the supply side, an irony if you consider that state granaries are overflowing. There has been little focus in managing the agricultural supply chain over the last few years, whether it is in checking the growth of middlemen or in investing in cold chains to help preserve fruits and vegetables. A large part of this falls under .............

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