The main reason for the current surge in food prices is the supply shock due to the drought in 2009 and the carry-over effect of the low growth of food production in 2008-09. As the frequency of such...
Output and Inflation
The Central Statistical Organisation's advance estimate of a decline in the agricultural sector's output in 2009-10 by a mere 0.2% is a highly optimistic forecast. An analysis of the numbers in the...
