The Indian government has implemented measures to control food prices amid concerns over delayed monsoons, rising inflation, and upcoming elections. The Ministry of Agriculture and Farmers Welfare reported a decline in crop cultivation from 71.99 lakh hectares to 70.30 lakh hectares for the Kharif season 2022-23. The government has imposed stock limits on various crops, including tur and urad dal and wheat, and reduced import duty on refined soyabean and sunflower oil. The onset of monsoon was delayed by a week this year, and some regions have reported large rainfall deficits, which could impact crop production and further fuel inflation.

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