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Logistics Costs: The report has been prepared by the National Council of Applied Economic Research (NCAER) in a consultative manner with guidance of the Asian Development Bank (ADB) experts and task force members.
This inflation number is representative of an extremely diverse India. India that lives in both skyscrapers & slums. India that eats in roadside dhaabas & Michelin star restaurants. India that shops from Gucci & Palika Bazaar.
“The kind of investment that India is making in both physical and digital infrastructure....all that is creating an enabling environment where we will start getting good and credible data, on the basis of which we can do data-based planning and ultimately data based policy making as well,” DPIIT secretary Rajesh Kumar Singh said while releasing the study.
As rural households tend to spend more on food, the proportion of food and beverages in the rural basket is more than half at 54.18%, compared with 36.29% for urban areas. So, changes in food inflation tend to affect rural inflation more than anything else.
Smriti Irani's statement seem to counter the government's October release of a draft Menstrual Hygiene Policy.