Food Inflation Nears 10 percent In India

Bareksa.com - A labourer carries a sack of onions at a wholesale vegetable market in the old quarters of Delhi July 10, 2014. As food inflation nears 10 percent, the new government of Prime Minister Narendra Modi faces accusations that it is doing no better at reining in prices than the Nehru-Gandhi dynasty's Congress party, which suffered its worst election defeat in May. Determined to avoid a repeat of the inflation scourge that contributed to the Congress downfall, Modi is taking aim at the Agriculture Produce Marketing Committee (APMC). (Source : Reuters)