After electoral setback, Modi may be forced to amend India's food policy

Published 2024년 6월 21일

Tridge summary

Indian Prime Minister Narendra Modi is facing challenges in controlling food inflation without resorting to export curbs and more imports, which have angered farmers, a key voting bloc. The BJP faces provincial elections in two key agricultural states, Haryana and Maharashtra, where they may lose stature in the coalition government if they do not address farmers' concerns. The government's efforts to export control and lower tariffs on certain commodities have led to higher food inflation, affecting consumer prices and rural livelihoods. The government is now considering measures such as easing export curbs, increasing support prices, and boosting crop yields to address the issue. The BJP's loss in Maharashtra's onion-growing regions highlights the seriousness of the issue.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

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Source: Economic times