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Cost of living: Should India’s tracker of retail inflation account for free food handouts under PMGKAY?

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Policy and Media

Cost of living: Should India’s tracker of retail inflation account for free food handouts under PMGKAY?

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November 6, 2025

    India’s massive free foodgrain scheme has eased the cost of living for more than half of all households, but it also raises a tricky question: Should the consumer price index be revised accordingly? Or should our most important statistics reflect conceptual clarity?

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