<h1>Finance Minister Urges Global Coordination on Inflation, Highlights India's Response to Food Price Crisis and Capital Flow Volatility.</h1> The Finance Minister discussed the challenges of managing inflation and capital flows amid global economic volatility. He highlighted the transition from a fuel to a food crisis, exacerbated by loose monetary policies in advanced economies, leading to volatile capital flows and commodity prices. In India, food price inflation has contributed to general inflation, though measures like fiscal deficit control and policy rate hikes have helped. The Minister emphasized the need for global coordination in inflation management and advocated for flexible, stigma-free policy responses to capital flow surges, using a mix of macroeconomic, prudential, and capital account management strategies.