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The central bank has projected that retail inflation will be at 5.7 per cent in the current financial year. Looking ahead, food inflation pressures are likely to continue, RBI Governor Shaktikanta Das said.
The era of cheap food may be ending as climate change, conflict and widespread poverty make food harder to grow and afford – but key policy shifts could help
Wheat prices hit a 14-year high in face of Russia-Ukraine war, and experts say widespread risks to food security are growing
War in Ukraine slashed wheat and fertilizer exports, while climate-induced disasters destroy harvests — together, they create harrowing risks to global food security.
