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Food inflation a supply issue

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BS Reporter New Delhi
Last Updated : Jan 21 2013 | 6:21 AM IST

Even as the government continues to face criticism for not releasing excess food stocks for the needy, Planning Commission Principal Advisor Pronab Sen today said the problem was not that of supply but of increasing demand.

Speaking at a conference on mid-term review of the Indian economy at India International Centre here today, Sen said the sudden growth of the economy had resulted in a large change in consumer behaviour. “Food inflation today is demand-driven. In 2003-04, one could have correlated food inflation with rainfall, but not now,” he said.

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First Published: Nov 07 2010 | 12:44 AM IST

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