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: 73
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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 88
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

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: 74
 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::printArticle() - APP/Controller/ArtileDetailController.php, line 74
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 88
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')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;As of May 29, food inflation stood at 16.74 per cent. &amp;ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&amp;rdquo; he said.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &amp;ldquo;&amp;hellip; That is because this time last year, food index actually fell and then started rising very sharply.&amp;rdquo;&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The prices of edibles started rising last year, after food production was affected by a poor monsoon.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The key to lower food inflation was a sensible fiscal and macro policy and a good harvest, he pointed out.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Ahluwalia said the government&#039;s borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government planned to borrow Rs. 4.57 lakh crore this fiscal.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.&lt;br /&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;As of May 29, food inflation stood at 16.74 per cent. &amp;ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&amp;rdquo; he said.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &amp;ldquo;&amp;hellip; That is because this time last year, food index actually fell and then started rising very sharply.&amp;rdquo;&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The prices of edibles started rising last year, after food production was affected by a poor monsoon.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Ahluwalia said the government&#039;s borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government planned to borrow Rs. 4.57 lakh crore this fiscal.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&lt;em&gt;Liquidity shortage&lt;/em&gt;&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.&lt;br /&gt;
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Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.


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                <strong>Food inflation may rise further, but no cause for alarm: Montek by Sujay Mehdudia</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><font >Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.</font></p><p align="justify"><font >As of May 29, food inflation stood at 16.74 per cent. &ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&rdquo; he said.</font></p><p align="justify"><font >Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &ldquo;&hellip; That is because this time last year, food index actually fell and then started rising very sharply.&rdquo;</font></p><p align="justify"><font >The prices of edibles started rising last year, after food production was affected by a poor monsoon.</font></p><p align="justify"><font >After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.</font></p><p align="justify"><font >The key to lower food inflation was a sensible fiscal and macro policy and a good harvest, he pointed out.</font></p><p align="justify"><font >Dr. Ahluwalia said the government's borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.</font></p><p align="justify"><font >The government planned to borrow Rs. 4.57 lakh crore this fiscal.</font></p><p align="justify"><font ><em>Liquidity shortage</em></font></p><p align="justify"><font >The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal.</font></p><p align="justify"><font >Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.<br /></font></p>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.&lt;/font&gt;
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Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.


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Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.


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                <strong>Food inflation may rise further, but no cause for alarm: Montek by Sujay Mehdudia</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><font >Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.</font></p><p align="justify"><font >As of May 29, food inflation stood at 16.74 per cent. &ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&rdquo; he said.</font></p><p align="justify"><font >Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &ldquo;&hellip; That is because this time last year, food index actually fell and then started rising very sharply.&rdquo;</font></p><p align="justify"><font >The prices of edibles started rising last year, after food production was affected by a poor monsoon.</font></p><p align="justify"><font >After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.</font></p><p align="justify"><font >The key to lower food inflation was a sensible fiscal and macro policy and a good harvest, he pointed out.</font></p><p align="justify"><font >Dr. Ahluwalia said the government's borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.</font></p><p align="justify"><font >The government planned to borrow Rs. 4.57 lakh crore this fiscal.</font></p><p align="justify"><font ><em>Liquidity shortage</em></font></p><p align="justify"><font >The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal.</font></p><p align="justify"><font >Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.<br /></font></p>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &amp;ldquo;&amp;hellip; That is because this time last year, food index actually fell and then started rising very sharply.&amp;rdquo;&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Ahluwalia said the government&#039;s borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.&lt;br /&gt;
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Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.


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Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.


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                <strong>Food inflation may rise further, but no cause for alarm: Montek by Sujay Mehdudia</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><font >Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.</font></p><p align="justify"><font >As of May 29, food inflation stood at 16.74 per cent. &ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&rdquo; he said.</font></p><p align="justify"><font >Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &ldquo;&hellip; That is because this time last year, food index actually fell and then started rising very sharply.&rdquo;</font></p><p align="justify"><font >The prices of edibles started rising last year, after food production was affected by a poor monsoon.</font></p><p align="justify"><font >After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.</font></p><p align="justify"><font >The key to lower food inflation was a sensible fiscal and macro policy and a good harvest, he pointed out.</font></p><p align="justify"><font >Dr. Ahluwalia said the government's borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.</font></p><p align="justify"><font >The government planned to borrow Rs. 4.57 lakh crore this fiscal.</font></p><p align="justify"><font ><em>Liquidity shortage</em></font></p><p align="justify"><font >The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal.</font></p><p align="justify"><font >Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.<br /></font></p>               </font>
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<font face="arial,helvetica,sans-serif" size="3">Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.</font>
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<font face="arial,helvetica,sans-serif" size="3">As of May 29, food inflation stood at 16.74 per cent. &ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&rdquo; he said.</font>
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Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.


As of May...',
	'disp' => '<p align="justify"><font ></font></p><p align="justify"><font >Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.</font></p><p align="justify"><font >As of May 29, food inflation stood at 16.74 per cent. &ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&rdquo; he said.</font></p><p align="justify"><font >Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &ldquo;&hellip; That is because this time last year, food index actually fell and then started rising very sharply.&rdquo;</font></p><p align="justify"><font >The prices of edibles started rising last year, after food production was affected by a poor monsoon.</font></p><p align="justify"><font >After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.</font></p><p align="justify"><font >The key to lower food inflation was a sensible fiscal and macro policy and a good harvest, he pointed out.</font></p><p align="justify"><font >Dr. Ahluwalia said the government's borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.</font></p><p align="justify"><font >The government planned to borrow Rs. 4.57 lakh crore this fiscal.</font></p><p align="justify"><font ><em>Liquidity shortage</em></font></p><p align="justify"><font >The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal.</font></p><p align="justify"><font >Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.<br /></font></p>',
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	'title' => 'Food inflation may rise further, but no cause for alarm: Montek by Sujay Mehdudia',
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<font face="arial,helvetica,sans-serif" size="3">Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.</font>
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<font face="arial,helvetica,sans-serif" size="3">As of May 29, food inflation stood at 16.74 per cent. &ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&rdquo; he said.</font>
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<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &ldquo;&hellip; That is because this time last year, food index actually fell and then started rising very sharply.&rdquo;</font>
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<font face="arial,helvetica,sans-serif" size="3">The prices of edibles started rising last year, after food production was affected by a poor monsoon.</font>
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<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">The key to lower food inflation was a sensible fiscal and macro policy and a good harvest, he pointed out.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Dr. Ahluwalia said the government's borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.</font>
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<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">The government planned to borrow Rs. 4.57 lakh crore this fiscal.</font>
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<p align="justify">
<font face="arial,helvetica,sans-serif" size="3"><em>Liquidity shortage</em></font>
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<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal.</font>
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<font face="arial,helvetica,sans-serif" size="3">Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.<br />
</font>
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Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.


As of May...'
$disp = '<p align="justify"><font ></font></p><p align="justify"><font >Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday.</font></p><p align="justify"><font >As of May 29, food inflation stood at 16.74 per cent. &ldquo;It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,&rdquo; he said.</font></p><p align="justify"><font >Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. &ldquo;&hellip; That is because this time last year, food index actually fell and then started rising very sharply.&rdquo;</font></p><p align="justify"><font >The prices of edibles started rising last year, after food production was affected by a poor monsoon.</font></p><p align="justify"><font >After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said.</font></p><p align="justify"><font >The key to lower food inflation was a sensible fiscal and macro policy and a good harvest, he pointed out.</font></p><p align="justify"><font >Dr. Ahluwalia said the government's borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal.</font></p><p align="justify"><font >The government planned to borrow Rs. 4.57 lakh crore this fiscal.</font></p><p align="justify"><font ><em>Liquidity shortage</em></font></p><p align="justify"><font >The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal.</font></p><p align="justify"><font >Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.<br /></font></p>'
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Food inflation may rise further, but no cause for alarm: Montek by Sujay Mehdudia

Food inflation may increase further in the coming weeks, but there is no cause for alarm as the rise is more the result of the low-base effect, Deputy Chairman of Planning Commission Montek Singh Ahulwalia said on Wednesday. As of May 29, food inflation stood at 16.74 per cent. “It is quite possible that when the data comes out on Thursday, you may see a little increase in food inflation. That is not the reason to worry. As you see the weeks go by, it will come down again,” he said. Food inflation at this time last year was quite low, and this might make even a nominal price rise now look higher. “… That is because this time last year, food index actually fell and then started rising very sharply.” The prices of edibles started rising last year, after food production was affected by a poor monsoon. After peaking at more than 20 per cent in December, food inflation fell to 16 per cent, but was behind the overall high wholesale price-based inflation, which entered the double digit in May, he said. The key to lower food inflation was a sensible fiscal and macro policy and a good harvest, he pointed out. Dr. Ahluwalia said the government's borrowing programme would not be affected by the liquidity crunch fuelled by the debt incurred by telecom companies to pay up for the licences, and the payment of advance taxes by corporates for the first quarter this fiscal. The government planned to borrow Rs. 4.57 lakh crore this fiscal. Liquidity shortage The system was facing liquidity shortage owing to the more than Rs. 67,000-crore outgo for payment of the fees for 3G spectrum, and another Rs. 38,000 crore towards the spectrum fees for broadband wireless spectrum. Besides, corporates were paying advance taxes for the first quarter this fiscal. Dr. Ahluwalia expressed the hope that fiscal deficit would be in control.