How tomato, potato, onion influence food inflation

High food inflation in India is driven by volatile tomato, onion, and potato prices due to short crop cycles, storage issues, and extreme weather. An RBI working paper suggests reforms like private mandis, re-launching futures trading, and expanding cold storage facilities to stabilize prices and support farmers.

Oct 14, 2024 - 01:30

How tomato, potato, onion influence food inflation

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High food inflation in India is driven by volatile tomato, onion, and potato prices due to short crop cycles, storage issues, and extreme weather. An RBI working paper suggests reforms like private mandis, re-launching futures trading, and expanding cold storage facilities to stabilize prices and support farmers.