-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding Deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing Deflationary territory. The data also comes two weeks before the Reserve Bank of...

-Livemint.com Farmers’ welfare is a multi-dimensional issue, with the farm ministry playing a small but significant role Prime Minister Narendra Modi’s announcement to rename the ministry of agriculture to ministry of agriculture and farmers’ welfare may be symbolic, but is at the least a recognition of the stress in rural economy. The stress, particularly in the farming sector, is now all too obvious with the increase in suicides being reported in many...

-PTI Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...

-Business Standard Vegetables as a category showed Deflation of 4.78% in December y-o-y, which meant prices started rising substantially in January New Delhi: Vegetable prices in Azadpur wholesale market have risen in the range of 20-40 per cent in January 2015 as compared to the corresponding period last year. A few items saw a rise beyond this range. While carrots turned expensive by 129 per cent, peas, spinach and cabbage prices increased...

-The Hindu India's hard won gains in achieving food security are in danger of being undermined by a clause in the National Food Security Bill that encourages States to adopt cash transfers in lieu of food entitlements under the Public Distribution System (PDS). Supporting this view, a recent report by the Commission for Agricultural Costs and Prices (CACP) concluded that the provision of food subsidies in the form of cash would...