Agriculture

RBI sources maintain that India’s inflation remains moderate by historical standards and well within the RBI’s tolerance band, yet the steady upward climb since early 2026 and the sharp food contribution have returned price stability to the centre of the policy conversation.

India’s experience offers a transferable lesson: organic waste streams, when systematically collected and processed, can simultaneously advance sanitation, energy access, climate mitigation and rural-urban linkages.

The October policy reflects a careful recalibration: prioritising price stability without derailing an economy that continues to demonstrate resilience in the face of global headwinds.

The evolution of this framework offers a significant case study in linking social protection with long-term rural transformation.

Analyses have flagged the potential for El Niño to push food inflation into double digits in import-dependent economies, compounding pressures on households still recovering from earlier crises.

By addressing tariff distortions, policy unpredictability and underinvestment in knowledge and infrastructure, the country can better convert its agricultural strengths into higher export earnings, more productive jobs and broader economic gains.

Chouhan said expanding market access in this way can deliver better returns to farmers while advancing India’s goal of emerging as a major global food basket.

The Ministry of Rural Development has rolled out the operational guidelines for the third phase of the Digital India Land Records Modernisation Programme.