-TheWire.in While there may be no fears of a shortage, the national lockdown and its implementation have dealt a raw deal to most stakeholders within the system. New Delhi: Ghazipur’s vegetable and flower mandi wears a forlorn look these days. Just a few kilometres from the Anand Vihar Bus Terminal, which was thronged by thousands of migrant workers last weekend, the flower mandi’s business is muted, mirroring to a certain extent the stark...
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People resort to panic buying -Avneet Kaur
-The Tribune Jalandhar: As numbers of coronavirus cases are on the rise in the country and PM Modi announced janta curfew on Sunday, residents have a perception that the Central Government might impose a lockdown till March 31. Thus, they are rushing to grocery stores and vegetable stalls to stock up on essentials. At grocery stores in the city, including Easy Day, Big Bazaar, Reliance and D-Mart, and roadside vegetable stalls, people...
More »Retail inflation: Why your grocery bill could remain high -Surabhi
-The Hindu Business Line Onion prices may be cooling, but food inflation likely to remain high; core inflation a worry Consumers staring at rising prices are unlikely to have much reprieve. Analysts believe that retail inflation may be peaking now but caution that prices will remain high in coming months. So while Onion prices have come down, your monthly grocery bill could still be on the higher side for the first half of...
More »Agriculture as solution -Harish Damodaran
-The Indian Express Turnaround in farm prices is the only good news in today’s overall dismal economic environment. The Narendra Modi government’s first term (June 2014 to May 2019) was marked by benign consumer food price inflation. At a mere 3.3% year-on-year, it averaged below even the 4.3% for overall retail inflation. Politically, the ruling party benefited, given that there are far more consumers of milk in India than dairy farmers. The...
More »Why food inflation may turn sticky -Sayantan Bera
-Livemint.com * Despite the slowdown in rural demand, the spike in food prices is not showing any signs of cooling. Here’s why * This is the best time for the budget to address the volatility in food prices. Reliable market intelligence on crop production and timely advisories to farmers can help stabilize prices New Delhi: For more than five years now, the Indian countryside has only heard stories of anguish. Consecutive years of...
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