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Despite export bans on certain food products, food inflation has remained volatile, with periodic spikes. Hence, alternative strategies for managing food inflation may be necessary. Comment.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

5. Despite export bans on certain food products, food inflation has remained volatile, with periodic spikes. Hence, alternative strategies for managing food inflation may be necessary. Comment. (250 words)

Difficulty level: Tough

Reference: The Hindu

Why the question:

The article discusses the effectiveness of export bans and stocking limits on rice and wheat in India.

Key Demand of the question:

To write about the implications of curbs on certain agricultural exports by the government and its role in reducing inflation.

Directive word: 

Comment– here we must express our knowledge and understanding of the issue and form an overall opinion thereupon.

Structure of the answer:

Introduction: 

Begin by giving context.

Body:

In the first part, bring out the factors as to why the recent curbs was announced.

Next, write about the implications of the curbs – on food security, on farmers, wheat prices, exports, procurement etc.

Next, write about the effectiveness of export bans on curbing inflation.

Next, suggest alternative strategies for curbing inflation.

Conclusion:

Conclude with a balanced opinion.