{"id":16627,"date":"2023-11-19T08:14:00","date_gmt":"2023-11-19T08:14:00","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=16627"},"modified":"2023-11-19T08:14:02","modified_gmt":"2023-11-19T08:14:02","slug":"taming-inflation-upsc-daily-editorial-analysis-26th-july-2023","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/","title":{"rendered":"Taming inflation &#8211; UPSC Daily Editorial Analysis &#8211; 26th July 2023"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-prelims-support-program-with-test-series\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"300\" data-id=\"47045\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2025\/01\/bannner-1600-x-1600-2400-x-1392-px-1280-x-300-px-1024x300.png\" alt=\"PSP 2025\" class=\"wp-image-47045\"\/><\/a><\/figure>\n<\/figure>\n\n\n\n<p>Taming inflation in India requires a multifaceted approach that addresses both short-term challenges and long-term structural issues. The immediate focus should be on implementing prudent monetary policies to control the money supply and interest rates. The central bank plays a crucial role in this regard, and close coordination with fiscal authorities is essential to ensure a harmonized policy response. Additionally, enhancing agricultural productivity and supply chain efficiency can mitigate food inflation, a significant contributor to overall price volatility. Simultaneously, investments in education and skill development are imperative for creating a skilled workforce, fostering innovation, and improving productivity across sectors. Structural reforms in sectors like labor and land can further contribute to a more stable economic environment, attracting both domestic and foreign investments. A comprehensive and well-coordinated strategy that combines short-term stabilization measures with long-term reforms is essential to effectively tame inflation and pave the way for sustained economic growth in India.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tag<\/strong>: GS Paper-3: Growth &amp; Development; Monetary Policy.\u00a0<\/p><\/blockquote>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69feaea457dc4\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69feaea457dc4\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Exam_view\" title=\"Exam view:\">Exam view:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Context\" title=\"Context:\">Context:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Decoding_the_editorial_Areas_of_concern\" title=\"Decoding the editorial: Areas of concern&nbsp;\">Decoding the editorial: Areas of concern&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Ban_on_Export\" title=\"Ban on Export&nbsp;\">Ban on Export&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#A_better_way_to_tame_non-PDS_inflation\" title=\"A better way to tame non-PDS inflation\u00a0\">A better way to tame non-PDS inflation\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Q_What_is_inflation_and_why_is_it_important_to_tame_it\" title=\"Q: What is inflation and why is it important to tame it?\">Q: What is inflation and why is it important to tame it?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Q_How_does_the_central_bank_contribute_to_taming_inflation\" title=\"Q: How does the central bank contribute to taming inflation?\">Q: How does the central bank contribute to taming inflation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Q_What_role_does_fiscal_policy_play_in_controlling_inflation\" title=\"Q: What role does fiscal policy play in controlling inflation?\">Q: What role does fiscal policy play in controlling inflation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Q_How_does_inflation_impact_different_sectors_of_the_economy\" title=\"Q: How does inflation impact different sectors of the economy?\">Q: How does inflation impact different sectors of the economy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Q_What_are_the_long-term_strategies_to_address_inflation_in_India\" title=\"Q: What are the long-term strategies to address inflation in India?\">Q: What are the long-term strategies to address inflation in India?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#In_case_you_still_have_your_doubts_contact_us_on_9811333901\" title=\"In case you still have your doubts, contact us on 9811333901.&nbsp;\">In case you still have your doubts, contact us on 9811333901.&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edukemy.com\/blog\/taming-inflation-upsc-daily-editorial-analysis-26th-july-2023\/#Visit_our_YouTube_Channel_%E2%80%93_here\" title=\"Visit our YouTube Channel &#8211;&nbsp;here\">Visit our YouTube Channel &#8211;&nbsp;here<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Exam_view\"><\/span><strong>Exam view<\/strong>: <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Areas of concern; Ban on Export; A better way to tame non-PDS inflation.\u00a0<\/p>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/0dd474df-e15e-4677-83b8-51ddcd631019\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/6e7c648c-cb27-483b-b5f6-58fc59eb6c1d\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Context\"><\/span><strong>Context<\/strong>: <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Export bans, stocking limits can be counterproductive to stabilise prices of commodities. India needs to use import policy liberally.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Decoding_the_editorial_Areas_of_concern\"><\/span><strong>Decoding the editorial: Areas of concern<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>June Consumer Price Index (CPI) inflation figure of 4.8 percent<\/strong> is discomforting for the RBI as well as the government.&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The <strong>erratic monsoon<\/strong> has raised the risk of inflation.\u00a0\u00a0<\/li><li>The <strong>cereals and products inflation<\/strong> is high at 12.71 percent. It contributes about 22.8 percent to CPI inflation, as it has a high weight of 9.7 percent in the food group in the CPI basket.\u00a0\u00a0<\/li><li>The <strong>inflation rate for wheat <\/strong>stands at 12.37 percent despite the recent ban on exports and the stocking limits on traders and processors.\u00a0\u00a0<\/li><li>Furthermore, <strong>rice inflation<\/strong> stands at 11.78 percent, and the FCI\u2019s open market operations have elicited a lukewarm response.\u00a0<\/li><li><strong>Tomato prices<\/strong> are showing a negative inflation of (-) 34.7 percent in June 2023.\u00a0<\/li><li>It is because last year in June 2022, tomatoes inflation was 158 percent, and therefore when one compares, year-on-year (YoY) inflation, it turns out to be negative for tomatoes.\u00a0\u00a0<\/li><li>But month-on-month (MoM) (June over May 2023) basis, inflation is 64.5 percent for tomatoes.\u00a0<\/li><li><strong>Milk and milk products<\/strong> recorded an inflation rate of 8.56 percent in June 2023 and contributed 11.2 percent to the overall CPI inflation.\u00a0\u00a0<\/li><li>Among the 299 commodities in the CPI basket, liquid milk has the highest contribution of 11 percent to CPI inflation.\u00a0\u00a0<\/li><li>Rising feed costs and lumpy skin disease have led to milk production stagnating (222 MT) in FY23 over (221 MT) in FY22.\u00a0\u00a0<\/li><li><strong>Pulses and products<\/strong> inflation in June 2023 was also at double digits (10.53 percent).\u00a0<\/li><li>Regions dependent on rainfall for pulses cultivation, such as Madhya Pradesh, Rajasthan, and Maharashtra, may see a reduced output due to anticipated adverse weather conditions caused by El Nino.\u00a0<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ban_on_Export\"><\/span><strong>Ban on Export<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The government has imposed a ban on exports of white rice with the hope of taming cereal inflation. Its probable impacts are:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Globally<\/strong>: India is the largest exporter of rice, accounting for almost 40 percent of the global rice trade.\u00a0<\/li><li>Such bans on exports and strangulation of domestic markets will not be appreciated at all by G20 countries.\u00a0\u00a0<\/li><li>The rice export ban will hurt the African countries most as rice prices are likely to go up internationally.\u00a0\u00a0<\/li><li><strong>Domestically<\/strong>: It reflects a <strong>knee-jerk reaction<\/strong> and a strong pro-consumer bias, which is also anti-farmer.\u00a0\u00a0<\/li><li>These are <strong>instruments of the 1960s<\/strong>.\u00a0\u00a0<\/li><li>Export bans and stocking limits also make a <strong>mockery of the agri-marketing reforms<\/strong> that the now-withdrawn farm laws were trying to achieve.\u00a0\u00a0<\/li><li>India imposed a ban on wheat exports in May 2022, and in June this year. Yet, inflation in wheat has been in double digits.\u00a0\u00a0<\/li><li>The government is already giving free rice or wheat (5kg\/person\/month) to more than 800 million people under its <strong>PM Garib Kalyan Yojana<\/strong>.\u00a0\u00a0<\/li><li>In the case of rice, the export ban is puzzling as the <strong>government has stocks of more than 40 million tonnes (MT)<\/strong> , almost three times the buffer stock norms of 13.5 MT as on July 1.\u00a0<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_better_way_to_tame_non-PDS_inflation\"><\/span><strong>A better way to tame non-PDS inflation<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Reduce the import duty on wheat<\/strong> from 40 percent.\u00a0\u00a0<\/li><li><strong>Unload excess rice stocks <\/strong>in the open market at lower prices than what the FCI has been doing recently.\u00a0\u00a0<\/li><li>There is also a need to <strong>revise the weight of food and beverages in the CPI basket<\/strong>.\u00a0\u00a0<\/li><li>This is outdated and based on the 2011 consumption survey.\u00a0\u00a0<\/li><li>Engel\u2019s law clearly shows us that with rising per capita income, people will spend less on food.\u00a0<\/li><li>There needs to be <strong>accountability from Operation Green<\/strong>, which was set up to stabilise value chains and prices of tomatoes, onions, and potatoes (TOP).\u00a0<\/li><li>With respect to milk products, the policy solution lies in <strong>reducing import duties on skimmed milk powder <\/strong>(SMP) from 60 percent to 10 percent and on butter from 40 percent to 10 percent.\u00a0<\/li><li><strong>Importing tur<\/strong> from Mozambique, Malawi and Myanmar can help tame tur prices.\u00a0\u00a0<\/li><li>Also, India needs to <strong>abolish the minimum import price for yellow peas<\/strong>, which currently stands at Rs 200\/kg. Yellow pea is the cheapest pulse; it can act as an anchor and check the spurt in pulses prices.\u00a0<\/li><\/ul>\n\n\n\n<p>To sum up, India can contain CPI inflation within 6 percent, provided it uses import policy for food products liberally and well in time.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"602\" height=\"564\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/11\/image-273.png\" alt=\"\" class=\"wp-image-16636 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/11\/image-273.png 602w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/11\/image-273-585x548.png 585w\" data-sizes=\"(max-width: 602px) 100vw, 602px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 602px; --smush-placeholder-aspect-ratio: 602\/564;\" \/><\/figure><\/div>\n\n\n<p>Source: <a href=\"https:\/\/indianexpress.com\/article\/opinion\/columns\/how-not-to-tame-inflation-8856410\/\" target=\"_blank\" rel=\"noreferrer noopener\">Indian Express<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_inflation_and_why_is_it_important_to_tame_it\"><\/span>Q: <strong>What is inflation and why is it important to tame it?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Inflation refers to the sustained increase in the general price level of goods and services in an economy over time. Taming inflation is crucial because unchecked inflation can erode the purchasing power of a currency, leading to economic instability and negatively impacting consumers, businesses, and overall economic growth.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_does_the_central_bank_contribute_to_taming_inflation\"><\/span>Q: <strong>How does the central bank contribute to taming inflation?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The central bank, such as the Reserve Bank of India, plays a pivotal role in taming inflation through monetary policy. It can adjust interest rates and control the money supply to influence inflation rates. By implementing measures like raising interest rates, the central bank aims to curb excessive spending and lending, thereby controlling inflation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_role_does_fiscal_policy_play_in_controlling_inflation\"><\/span><strong>Q: What role does fiscal policy play in controlling inflation?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Fiscal policy, managed by the government, involves decisions related to taxation and public spending. Coordinated fiscal and monetary policies are essential for effective inflation control. Governments can use fiscal tools to manage demand and address structural issues contributing to inflation, such as investing in infrastructure and implementing targeted subsidies.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_does_inflation_impact_different_sectors_of_the_economy\"><\/span>Q: <strong>How does inflation impact different sectors of the economy?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Inflation affects various sectors differently. While moderate inflation can be a sign of a healthy economy, hyperinflation or rapid price increases can harm businesses by increasing production costs and disrupting consumer spending patterns. Taming inflation is crucial for maintaining a stable economic environment that fosters sustainable growth across sectors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_the_long-term_strategies_to_address_inflation_in_India\"><\/span>Q: <strong>What are the long-term strategies to address inflation in India?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Long-term strategies to address inflation in India involve structural reforms in areas like agriculture, labor, and land use. Enhancing productivity in agriculture, improving supply chain efficiency, and implementing policies that encourage innovation and skill development are vital components. These reforms contribute to creating a more resilient and competitive economy, reducing the likelihood of inflationary pressures.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_9811333901\"><\/span><strong>In case you still have your doubts, contact us on 9811333901.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For UPSC Prelims Resources,&nbsp;<a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n\n\n\n<p>For Daily Updates and Study Material:<\/p>\n\n\n\n<p>Join our Telegram Channel &#8211;&nbsp;<a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>1. Learn through Videos &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>2. Be Exam Ready by Practicing Daily MCQs &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>3. Daily Newsletter &#8211; Get all your Current Affairs Covered &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>4. Mains Answer Writing Practice &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_here\"><\/span>Visit our YouTube Channel &#8211;&nbsp;<a href=\"https:\/\/www.youtube.com\/@ShabbirsEduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Taming inflation in India requires a multifaceted approach that addresses both short-term challenges and long-term structural issues. <\/p>\n","protected":false},"author":17,"featured_media":16637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[352],"tags":[161,169,488,232,140],"class_list":["post-16627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-editorial-analysis","tag-daily-current-affairs-upsc","tag-daily-editorial-analysis","tag-taming-inflation","tag-upsc","tag-upsc_preparation_strategy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/16627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=16627"}],"version-history":[{"count":1,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/16627\/revisions"}],"predecessor-version":[{"id":16638,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/16627\/revisions\/16638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/16637"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=16627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=16627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=16627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}