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  Published Paper Details:

  Paper Title

An Analysis Of Relationship Between Food Inflation And Maternal Mortality Rate (MMR), Economic Growth Rate And Consumers Spending Growth Rate Of India In The Post Millennium Era

  Authors

  Ms. Priyanshi Gupta,,  Prof. Bimal Jaiswal

  Keywords

Food Inflation, MMR, Economic Growth Rate, Consumer Spending Growth Rate, Poverty.

  Abstract


India suffers from severe impact of food inflation as nearly fifty percent of its earnings, an average household spends on food and more than sixty percent is spent by a poor on food. Thus, with the increase in food inflation the poverty level in India may sharply increase as the poor will be forced to spend more on food. Although India declared food as a legal right to its people by passing National Food Security Act (NFSA) on 5th of July, 2013 still its position in the Global Hunger Index 2021 was 101st out of 116 countries which is really poor. India's economic growth rate stood at 8.9% in 2021 as per World Bank national accounts data. Here we study the short run and long run relationship of India's food inflation in the post millennium era, with its Maternal Mortality Rate (MMR), Economic Growth Rate and Consumers Spending Growth Rate. Thus, the study is based on the time data series from 2001 to 2021. With the help of the Augmented Dickey-Fuller Test, the unit root test of the time series data used for the ARDL method has been done followed by CUSUM test for testing the stability of the ARDL long run form and bounds test.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2307541

  Paper ID - 241150

  Page Number(s) - e672-e684

  Pubished in - Volume 11 | Issue 7 | July 2023

  DOI (Digital Object Identifier) -   

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Ms. Priyanshi Gupta,,  Prof. Bimal Jaiswal,   "An Analysis Of Relationship Between Food Inflation And Maternal Mortality Rate (MMR), Economic Growth Rate And Consumers Spending Growth Rate Of India In The Post Millennium Era", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 7, pp.e672-e684, July 2023, Available at :http://www.ijcrt.org/papers/IJCRT2307541.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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