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THE THALI INDEX AND INDIA’S FOOD SUBSIDY REFORM Syllabus: GS-3: India Economy and development Food Security Why in the News? A recent analysis of India’s household consumption expenditure survey (2023–24), juxtaposed with the ‘Thali Index’, has revealed significant gaps between poverty estimates and actual food consumption affordability. Despite optimistic poverty data from SBI and the …
Read MoreWhy in the news? Pralhad Joshi, as the new food and consumer affairs minister, aims to curb food inflation and manage PDS costs. Measures include increasing pulse production, offloading rice stocks, liberalizing onion exports, and adjusting edible oil import duties. source:medium About Public Distribution System (PDS): Establishment: Indian food security system under the Ministry of …
Read MoreWhy in the news? India’s wholesale price inflation hit a 13-month high of 1.26% in April, up from 0.53% in March. The increase was driven by a surge in food prices and a 1.4% rise in fuel and power prices after 11 months of deflation. Prices of primary food articles rose to 7.74% in April, …
Read MoreWhy in the news? World food prices rebounded in March, driven by increases in vegetable oils, dairy, and meat, after a three-year low source:worldagrotv Understanding FAO Report: Monthly Price Increases: Vegetable Oil Index: Saw an 8% increase. Dairy Index: Showed a rise. Meat Index: Also experienced a boost. Monthly Price Fall: Milk: Dropped by 1.7%. …
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