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Agflation helps poor, says study

CHENNAI Studies conducted by economists at the Carnegie Endowment for International Peace (CEIP) have deduced that rising global food prices can actually help improve the conditions of the majority of the poor and alleviate poverty in the country. Ms Sandra Polaski, senior associate and director at the CEIP pointed out that analysis of data collected through surveys by the Indian government of over 2.5 lakh poor families had shown striking correlation between increasing global food prices and improved conditions of the poor, especially the rural poor.