Ghate, Chetan, Gupta, Sargam and Mallick, Debdulal (2017) The inflationary impact of the grain procurement policy in India. International Growth Centre Blog (24 Apr 2017). Website.
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Abstract
To smooth volatile grain prices, the Indian Government procures additional grain quantities, creating agricultural commodity buffers, often redistributed to poor households. This policy can produce a demand shock, triggering increased inflation. This blog looks at new IGC research to model the distortionary effects of such policies and potential monetary policy responses
| Item Type: | Online resource (Website) |
|---|---|
| Official URL: | http://www.theigc.org/ |
| Additional Information: | © 2017 The Author(s) |
| Divisions: | International Growth Centre |
| Subjects: | H Social Sciences > HB Economic Theory J Political Science > JC Political theory J Political Science > JQ Political institutions Asia, Africa, Australia, Pacific S Agriculture > S Agriculture (General) |
| Date Deposited: | 19 Jun 2017 12:56 |
| Last Modified: | 11 Dec 2024 15:50 |
| URI: | http://eprints.lse.ac.uk/id/eprint/81669 |
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