Food inflation: India's permanent challenge

Balancing the conflicting interest of farmers, intermediaries and consumers is a tightrope walk for the Indian government even when there is price tranquility. This balancing exercise has become nightmarish in recent years with food inflation showing persistency and turbulence. These developments prompted the Cabinet Secretary to constitute an inter-ministerial group (IMG) to manage overall inflation with a focus on prices of primary food items in February 2011.