High inflation a threat to Indian food security
SummaryAn extension of India’s free-food scheme could prove insufficient to safeguard vulnerable multitudes
Inflation numbers released last week confirmed the worst fears about the state of India’s economy. At a time when our economic recovery remains fragile, a sustained spell of inflation is likely to dampen growth efforts, but is even more likely to cause hardship for most of the population already suffering from a sharp slowdown. With increasing job losses and declining incomes and wages, inflation may threaten food security in the country.