Modi sticks to failed recipe in India's food-inflation fight
date:Aug 08, 2014
e amount it estimates is needed to fix India's cold supply chain. It opposes the entry of foreign supermarket giants who might set up their own logistics.

Its only innovation, a food price stabilisation fund, is at $82 million derided as too tiny to make any difference in feeding the country's 1.2 billion people.

Economists who had backed Modi to put Asia's third largest economy back on track are already expressing unease at the government's failure to lay out a credible inflation strategy, be
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