Q What is the context ?
A With the Russia-Ukraine conflict flaring into a war, global commodity prices, especially that of crude oil and gas, are likely to see a strong surge. This poses a challenge not only for India to contain inflationary pressures but also the world at large.
Q What is the problem of rising inflation ?
Q How to ensure lower rates of inflation ?
Q What can be Way Forward ?
A Reform the grain-management-cum-food-subsidy system