Why are tomato, onion, milk prices rising across India? Economic Survey 2024 explains

Economic Survey 2024: According to the survey, food inflation, as measured by the Consumer Food Price Index (CFPI), has surged from 3.8% in FY22 to 6.6% in FY23, and further to 7.5% in FY24. This rise in food prices can be attributed to several key factors affecting agricultural productivity and food supply chains.