India's Union Food Ministry expands price monitoring to 16 more essential food items, totaling 38, to address inflation.

India's Union Food and Consumer Affairs Ministry will monitor daily prices of 16 more essential food items, bringing the total to 38. This move aims to stabilize price fluctuations and includes items like bajra, jowar, and banana. The 38 commodities represent 31% of total consumer price inflation weights, and the government has allocated Rs 10,000 crore to the price stabilisation fund to address inflationary trends in onions, potatoes, and pulses.

August 01, 2024
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