Milk May Become Hurdle in Modi's Inflation Fight

The video discusses the current surge in milk prices in India, attributing it to rising cereal prices affecting cattle feed costs and the pandemic's impact on milk yield. This has led to a demand-supply mismatch, keeping prices high. The outlook suggests milk prices will remain firm, posing a risk to overall inflation. The political implications are also considered, with milk potentially becoming a topic in upcoming elections due to its essential role in the Indian diet.

What is one of the main reasons for the increase in milk prices in India?

• Government subsidies

• Surplus milk production

• Increase in cattle feed costs

• Decrease in cereal prices

How does the demand-supply mismatch affect milk prices during the peak demand season?

• It causes prices to drop significantly

• It keeps the prices firm

• It has no effect on prices

• It stabilizes the prices

What is the current trend of milk inflation compared to overall inflation in India?

• Milk inflation is higher than overall inflation

• Milk inflation is equal to overall inflation

• Milk inflation is not measured

• Milk inflation is lower than overall inflation

Why might milk prices become a political issue in India?

• Milk is a daily essential for many Indians

• Milk is not consumed widely in India

• Milk prices have always been stable

• Milk is not a staple in the Indian diet

What historical trend is noted about milk in the political narrative of India?

• Milk has rarely featured prominently in politics

• Milk prices have never been volatile

• Milk has always been a major election issue

• Milk is often used as a political weapon