Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | &#039;Rural wage hike pushing inflation, posing challenge for RBI&#039;    </title>
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About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today.

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About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today.

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                            <div align="justify">-PTI<br /><br />About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today.<br /><br />&quot;Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is being called upon to cut the policy interest rates on Tuesday,&quot; industry body Assocham said.<br /><br />Agreeing with RBI to link wage and inflation, it said: &quot;In the last three years from 2010-11 onwards, the nominal rural wages have risen close to 20 per cent per annum exerting pressure on the prices of food articles.&quot;<br /><br />Assocham said the increase in rural wages would have raised demand for these (food) articles and led to increase in the cost of production of food articles.&quot;It was mainly a cost push, which is fuelling the inflation of such crucial items,&quot; it said. Besides the rural wages, the production cost of the food articles has also increased by other raw material prices like fertiliser, diesel and transportation, it added.<br /><br />&quot;we find ourselves in a high cost rural economy which has a significant impact on the urban economy, which is as it is under the high cost push,&quot; Assocham Economic Division saidin a paper on 'Variables pushing food inflation'.<br /><br />One of the urgent steps that could be taken would be<br /><br />government intervention to ensure that prices of essential food grains like rice, wheat and cereals do not shoot up any further, it said.<br /><br />It would make best of political and economic sense for the government to intervene and make sure that adequate supply line is maintained.&quot;We need to act sooner than later,&quot; Assocham President Rajkumar N Dhoot said.</div>                                                           
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    <br><a href="http://www.indianexpress.com/news/rural-wage-hike-pushing-inflation-posing-challenge-for-rbi/1089376/" class="re" target="_blank">The Indian Express, 17 March, 2013, http://www.indianexpress.com/news/rural-wage-hike-pushing-inflation-posing-challenge-for-rbi/1089376/</a><div class="clear"></div>
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                            <div align="justify">-PTI<br /><br />About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today.<br /><br />&quot;Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is being called upon to cut the policy interest rates on Tuesday,&quot; industry body Assocham said.<br /><br />Agreeing with RBI to link wage and inflation, it said: &quot;In the last three years from 2010-11 onwards, the nominal rural wages have risen close to 20 per cent per annum exerting pressure on the prices of food articles.&quot;<br /><br />Assocham said the increase in rural wages would have raised demand for these (food) articles and led to increase in the cost of production of food articles.&quot;It was mainly a cost push, which is fuelling the inflation of such crucial items,&quot; it said. Besides the rural wages, the production cost of the food articles has also increased by other raw material prices like fertiliser, diesel and transportation, it added.<br /><br />&quot;we find ourselves in a high cost rural economy which has a significant impact on the urban economy, which is as it is under the high cost push,&quot; Assocham Economic Division saidin a paper on 'Variables pushing food inflation'.<br /><br />One of the urgent steps that could be taken would be<br /><br />government intervention to ensure that prices of essential food grains like rice, wheat and cereals do not shoot up any further, it said.<br /><br />It would make best of political and economic sense for the government to intervene and make sure that adequate supply line is maintained.&quot;We need to act sooner than later,&quot; Assocham President Rajkumar N Dhoot said.</div>                                                           
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    <br><a href="http://www.indianexpress.com/news/rural-wage-hike-pushing-inflation-posing-challenge-for-rbi/1089376/" class="re" target="_blank">The Indian Express, 17 March, 2013, http://www.indianexpress.com/news/rural-wage-hike-pushing-inflation-posing-challenge-for-rbi/1089376/</a><div class="clear"></div>
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    <h1 class="cat-box-title">&#039;Rural wage hike pushing inflation, posing challenge for RBI&#039;</h1>
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                            <div align="justify">-PTI<br /><br />About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today.<br /><br />&quot;Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is being called upon to cut the policy interest rates on Tuesday,&quot; industry body Assocham said.<br /><br />Agreeing with RBI to link wage and inflation, it said: &quot;In the last three years from 2010-11 onwards, the nominal rural wages have risen close to 20 per cent per annum exerting pressure on the prices of food articles.&quot;<br /><br />Assocham said the increase in rural wages would have raised demand for these (food) articles and led to increase in the cost of production of food articles.&quot;It was mainly a cost push, which is fuelling the inflation of such crucial items,&quot; it said. Besides the rural wages, the production cost of the food articles has also increased by other raw material prices like fertiliser, diesel and transportation, it added.<br /><br />&quot;we find ourselves in a high cost rural economy which has a significant impact on the urban economy, which is as it is under the high cost push,&quot; Assocham Economic Division saidin a paper on 'Variables pushing food inflation'.<br /><br />One of the urgent steps that could be taken would be<br /><br />government intervention to ensure that prices of essential food grains like rice, wheat and cereals do not shoot up any further, it said.<br /><br />It would make best of political and economic sense for the government to intervene and make sure that adequate supply line is maintained.&quot;We need to act sooner than later,&quot; Assocham President Rajkumar N Dhoot said.</div>                                                           
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    <br><a href="http://www.indianexpress.com/news/rural-wage-hike-pushing-inflation-posing-challenge-for-rbi/1089376/" class="re" target="_blank">The Indian Express, 17 March, 2013, http://www.indianexpress.com/news/rural-wage-hike-pushing-inflation-posing-challenge-for-rbi/1089376/</a><div class="clear"></div>
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'Rural wage hike pushing inflation, posing challenge for RBI'

Published on Mar 17, 2013   Modified on Mar 17, 2013

-PTI About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is being called upon to cut the policy interest rates on Tuesday," industry body Assocham said. Agreeing with RBI to link wage and inflation, it said: "In the last three years from 2010-11 onwards, the nominal rural wages have risen close to 20 per cent per annum exerting pressure on the prices of food articles." Assocham said the increase in rural wages would have raised demand for these (food) articles and led to increase in the cost of production of food articles."It was mainly a cost push, which is fuelling the inflation of such crucial items," it said. Besides the rural wages, the production cost of the food articles has also increased by other raw material prices like fertiliser, diesel and transportation, it added. "we find ourselves in a high cost rural economy which has a significant impact on the urban economy, which is as it is under the high cost push," Assocham Economic Division saidin a paper on 'Variables pushing food inflation'. One of the urgent steps that could be taken would be government intervention to ensure that prices of essential food grains like rice, wheat and cereals do not shoot up any further, it said. It would make best of political and economic sense for the government to intervene and make sure that adequate supply line is maintained."We need to act sooner than later," Assocham President Rajkumar N Dhoot said.

The Indian Express, 17 March, 2013, http://www.indianexpress.com/news/rural-wage-hike-pushing-inflation-posing-challenge-for-rbi/1089376/

Tagged with: food prices Inflation Wages

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