Abstract
An analysis of India’s food supply chain, rising inflation, and a suggestion how information technology can be leveraged to become a potential solution to these problems is conceptualized in this chapter. Causes of inflation are analyzed, and among them, the main causes considered are increase in wastage due to inefficient supply chain and farm production not linked to market demand. There is a reference to Canadian Wheat Board, where an efficient supply chain planning and management system has been implemented.
This chapter proposes a solution that leverages information technology in the field of statistical forecasting and supply chain optimization.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
David P (2011) Role of CWB in supply chain. http://www.hbra.ca/files/CWB in the supply chain - August 4 2011 (2).pdf. Accessed 28 Oct 2011
Gopinathan CK (2000) An indirect method of forecasting the annual food production of India. http://drs.nio.org/drs/handle/2264/255. Accessed 4 Nov 2011
FCI (2010) Annual report 2009–10. http://fcamin.nic.in/AnnualReport 2009-10.pdf. Accessed 28 Oct 2011
RBI statistical data. http://www.rbi.org.in/scripts/AnnualPublications)
Kaushik B (2010) Economics of food grain management in India. Department of Economic Affairs Working Paper, No. 2/2010-DEA
Ramesh C (2010) Understanding the nature and causes of food inflation. Econ Pol Wkly 45:10–13
CWB (2011) Annual report 2010–11. http://www.cwb.ca/public/en/about/investor/annual/pdf/2010-11_annual-report_en.pdf. Accessed 28 Oct 2011
Wadhwa DP (2009) Wadhwa committee report on PDS. http://pdscvc.nic.in/reportoncomputerisationofPDS.htm. Accessed 4 Nov 2011
Farmer Procurement and Payment Services, CWB (2009). http://www.obsglobal.com/SiteCollectionDocuments/FPPS-Mar2009lowres.pdf. Accessed 21 Dec 2011
Centre for Monitoring Indian Economy, www.cmie.com
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2013 Springer India
About this paper
Cite this paper
Subramanian, G., Maheshwari, K., Kaushik, A. (2013). Role of IT to Encounter Rising Food Inflation. In: Mukhopadhyay, C., et al. Driving the Economy through Innovation and Entrepreneurship. Springer, India. https://doi.org/10.1007/978-81-322-0746-7_11
Download citation
DOI: https://doi.org/10.1007/978-81-322-0746-7_11
Published:
Publisher Name: Springer, India
Print ISBN: 978-81-322-0745-0
Online ISBN: 978-81-322-0746-7
eBook Packages: Business and EconomicsBusiness and Management (R0)