Business Standard

CEA expects food inflation to ease with unlock, good monsoon

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Attributin­g the rise in food prices to restrictio­ns imposed by several states during April-may to deal with the second wave of Covid-19, Chief Economic Adviser K V Subramania­n said food inflation is likely to moderate on account of the twin impact of opening up of economic activities and good monsoon. Moreover, the Chief Economic Adviser (CEA) asserted that high food inflation has not impacted a large section of population as they are being given free ration under the Pradhan Mantri Garib Kalyan Yojana.

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