of past experience and international best practices. It confirms that food inflation has been the driver of domestic … inflation. The paper studies the recommendations of the Urjit Patel Committee and comments that monetary policies predominantly … focussed on inflation targeting may not necessarily be effective in India where inflation and inflationary expectations …

fiscal policy. To our knowledge, the fiscal initiative to control inflation in India is abstracted. The targets and …, trade openness in addition to structural and monetary policy variables impacting inflation in India since the 1980′s. The … inflation is concerned. Significant impact of the money growth, real interest rate, real effective exchange rate, and the output …

particular, for wheat (this was lower for rice). Starting from 2006-07, there is a clear upward trend in inflation adjusted costs … several market distortions and mounting fiscal costs. Wheat and rice supply strongly and significantly respond to the minimum … rice they turned out to be insignificant. Rice consumption turned out to be strongly influenced by distribution of …

This paper serves to disentangle the complex system of Indian food policies related to wheat and rice procurement …