India did not experience any food price spikes during 2007-08 when global food prices erupted. It was partly due to India's ban on exports of wheat and common rice. But the fiscal stimulus that the government provided in 2009 in the wake of G8 countries' call to avert economic recession, coupled...

The agriculture and food sector in India employ a significant proportion (about 44 percent) of the workforce, the majority of whom are not very educated and lack formal or informal skill training. Hence, they are unable to make the most out of their occupation. About 67 percent of the population...

India's policy responses to the food price crisis were strong. Exports of basic staples were banned. Domestic support prices of wheat and rice were raised substantially. The urea price increases in global markets were absorbed through enhanced fertilizer subsidies. The government launched the...