No signs of food inflation amid Indo-Pak tensions, Govt cautious on economic outlook: FinMin official

Despite the ongoing tensions of Indo-Pak, there are currently visible signs of food inflation in India, the official of the Ministry of Finance said on Friday. He added that government officials are closely monitoring the situation to ensure that the market conditions remain stable. This is very important, as concerns about geopolitical risks can affect the level of domestic prices, especially in the main products.

The official says that the Ministry of Finance is at high vigilance, keeping closely following how the escalation conflict affects various spheres and overall economic activities. The Minister of Finance is particularly concerned about the escalation of tensions, which can hinder the potential of economic stability, especially in the regions near the conflict zones.

According to BT TV sources, the center told the public that there is an equivalent supply of vegetables, pulses and main items in the country. High-ranking state officials have assured BT TV that they are closely monitoring and managing accessories to avoid any disorder, particularly in urban areas.

According to reports, the center has intensified active funds, conducting consultations from Friday with state food secretaries and main stakeholders.

On Friday, definitely met with the commission to assess the availability of goods, including fertilizers and grain, as millions of farmers gather Kharif or Summer crops in the world.

This meeting was followed by a high-level discussion, headed by Prime Minister Naryidra Modi, involving high bureaucrats from different departments to ensure the stability of price and shares.

As a result of the terrorist attacks in Palalma in Pakistan, the government communicates with the main committees of agricultural products to prevent any unfair prices.

If necessary, there are plans that if necessary, call the law on maintaining the main services (ESMA), as reported.

In certain northern regions, such as Jammu, IP Ipur and Srinagar have been cases of storage of people from the fear of continuing military operations.

The main purpose is to be in line with the supply logistics, prevent swallowing and raising public anxiety. States will be strongly encouraged to fight misinformation, ensure that false rumors of food shortages are not pushing panic.

This food supply update supplements with the approval of the retailers of the large field of fuel in the country, approving the stability of fuel shares and the normal activities of the supply network.

The Indian Oil Corporation has confirmed that there is an abundance of fuel shares, national and supply operations that operate without failures. They stressed in social media that there is no need to buy panic, as fuel and LPG are easily accessible to their outcomes.

In a similar statement, Bharat Petroleum Corporation Limited (BPCL) reaffirmed the public that there was no reason for alarm or rushing purchases, as all retail and LPG points are fully replenished and are ready to make energy requirements.

“All BPCL fuel stations and LPG distributors are smooth and fully equipped with consumer energy or panic operations.