Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017
* India: Competition with China enters new phase, Amitabh Dubey, 3 Aug 2017
* India: Smooth GST rollout masks important risks, Shumita Sharma Deveshwar, 27 Jul 2017
* India: Politics hampers RBI’s battle for credibility, Shumita Sharma Deveshwar, 13 Jul 2017
* India: Food deflation changes electoral dynamics, Amitabh Dubey, 7 Jul 2017

See all our India research >>

The food inflation problem

Overview

Surging food prices have finally slowed and inflation is now on the decline, thanks to the recent bumper wheat harvest, a sharp decline in sugar prices and expectations that the spread of this year's monsoon over India will result in a good year for the country’s farmers.

The inflationary slow-down is a relief to the government, which began to lose popularity as the overall inflation rate hit a two-year high of 6.7 per cent earlier in 2007, with food prices climbing to over 10...

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