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Food stocks News

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Finance Minister Arun Jaitley on Thursday sought to allay fears over predictions of deficient monsoon saying conclusions on that basis either on inflation or some kind of distress situation are "far-fetched".
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At present, the price situation is much better with CPI inflation down to 5 percent and the WPI remaining in the negative territory for past several months.
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India's adequate food stocks would help contain inflation, even if summer monsoon rains turn out to be weak, Chief Economic Adviser Arvind Subramanian said on Tuesday.
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Finance Minister Arun Jaitley Saturday said there were enough food stocks in the country and hence a poor monsoon was not an issue to worry about.






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