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What is meant by food inflation? Global food inflation raises the prices of edible oil and sugar, while MSP rises are another factor driving sugar price inflation. Food inflation feeds into non-food inflation and aggregate CPI inflation. According to Trading Economics global macro models and analyst forecasts, food inflation in...
The minister stated that the maize crop has numerous uses, including foodgrain, animal feed, and ethanol generation, and that the government has significantly boosted the minimum support price (MSP) for maize to increase production of this coarse cereal. Agriculture Minister Narendra Singh Tomar said on Thursday that increased investment...