-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
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Prices of pulses to remain subdued for next few months: Crisil
-PTI MUMBAI: Prices of pulses are expected to remain low in the next few months following good monsoons, high acreage, lower hikes in minimum support price and moderate demand, according to a report by rating agency Crisil. "Pulses inflation is likely to stay low over the next few months thanks to good monsoons, higher acreage, lower hikes in minimum support prices and moderate demand," the CrisilBSE -0.74 % report said. Food inflation in...
More »India set for bumper winter crops in wake of monsoon rains
-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...
More »Making Sense of Persistently High Inflation in India-Sthanu R Nair
-Economic and Political Weekly The rising prices of two product groups - primary articles and fuel - have been responsible for the build-up in headline inflation between December 2009 and August 2013. The most worrisome aspect is the high inflation in a majority of food articles in the last six years or so despite a favourable domestic food supply situation and low global food prices. Based on the analysis of the...
More »Mid-day meal at Rs 3.34: Any wonder kids die?-Deepak Kumar Jha
-The Pioneer A reality check for the ever- increasing inflation era exposes the farce of Government-sponsored Mid-Day Meal Scheme (MDMS). When pulses are priced at Rs 90 per kg, inferior quality of rice or wheat at Rs 20 per kg, vegetables at Rs 40 a kg and edible oil over at Rs 100 per kg, providing a quality meal at Rs 3.34 to a child is impossible. According to several NGOs/SHGs...
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