Centre closely monitoring food prices to ensure stability, affordability

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Centre closely monitoring food prices to ensure stability, affordability - Business Standard

Quick Summary:

The central government on Friday said it is closely monitoring the prices and availability of essential food commodities to ensure affordability to consumers and maintain a stable price regime.

Measures like incentivising domestic production and import and export policies to ensure the overall availability and affordability of essential food commodities are being taken up.

The production of pulses and onion in the 2024-25 crop year (July- June) is estimated to increase over the last year due to good monsoon rains and favourable weather conditions.