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The inflationary impact of the grain procurement policy in India

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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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:
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
S Agriculture > S Agriculture (General)
Date Deposited: 19 Jun 2017 12:56
Last Modified: 16 May 2024 09:08

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