The 21st Century has been marked by increased volatility in food prices, with global price spikes in 2007-08, 2010-11, and again in 2021-22. The impact of food inflation on the risk of child undernutrition
Lack of buying interest, inadequate storage spaced cited as reasons for the fall in prices.
FOR India, the crash in global commodity prices comes as an answer to a prayer.
An Act to provide, in the interest of the general public, for the control of the production, supply and distribution of, and trade and commerce, in certain commodities.