(with Centre for Development Research (ZEF), University of Bonn, Germany)
Given that India has the largest number of poor and malnourished people in the world, high price volatility in food items in general, and wheat and rice in particular, affects their economic access to food. Price shocks can come through turmoil in global markets (as happened in 2007-08) or through weather shocks in domestic production. How best one can contain the negative impact of price spikes is the key objective of this project funded by ZEF in two phases (May 2013-May 2015, phase I) and (June 2015-May 2017, phase-II.)
In the second phase, the study would be based on the analysis and implementation of measures to reduce price volatility at National and International markets for improving food security in developing countries. The research would be in the four areas like Food price volatility and food market reforms, food-labour market linkages, labour market volatility and income shocks, public and social insurance schemes and role of ICT for efficient and fair transfers and inter-linkages of Indian and Chinese food policies.