The main reason for the current surge in food prices is the supply shock due to the drought in 2009 and the carry-over effect of the low growth of food production in 2008-09. As the frequency of such shocks is expected to rise, India needs to have an effective food management strategy to deal with these episodes.
Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/understanding-nature-and-causes-food-inflation
[2] http://admin.indiaenvironmentportal.org.in/category/author/ramesh-chand
[3] http://admin.indiaenvironmentportal.org.in/category/journal/economic-and-political-weekly
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/agriculture
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-policy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-prices
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-storage
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/trade
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-stress
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/drought
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/exports
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/food-security