Government Acts to Stabilize Essential Food Prices
The central government is actively monitoring and implementing measures to stabilize the prices of essential food commodities. Through incentivizing production and adjusting import-export policies, the food ministry aims to ensure affordability and availability. The increase in tur, pulses, and onion production, supported by good monsoon, reflects these efforts.
- Country:
- India
The central government announced on Friday its rigorous monitoring of essential food commodity prices, ensuring they remain affordable for consumers while maintaining a stable price regime.
Strategic measures, including boosting domestic production and formulating import-export policies, are underway to enhance overall availability and affordability.
A Food Ministry spokesperson highlighted increased tur and onion production in 2024-25 due to favorable weather, with moderated food inflation in December 2024 aiding in economic stabilization efforts.
(With inputs from agencies.)
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