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Retail inflation soars to 6.3%, a 6-month high

-The Hindu Rural areas see sharper spurt; WPI inflation races to record 12.94% spurred by rise in fuel, edible oils Retail inflation hit a six-month high of 6.3% in May, thanks to a persistent rise in fuel and edible oil prices, which also played a part in pushing wholesale prices to a record 12.94% inflation in the month, as per data released on Monday. Consumers experienced an inflation of 11.58% for the ‘fuel...

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It’s time to protect the poor and the migrants from rising edible oil prices

In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...

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Rising prices are singeing Covid-battered India, Madame Finance Minister

-The New Indian Express An analysis by The New Indian Express shows that it is not just petrol and diesel prices that are scalding you. Prices of edible oil, tea, and pulses have seen a double-digit growth in the last year. When the April 2021 retail inflation came down to a modest 4.29%, an attempt might have been made to communicate a false sense of relief. The real picture, though, is very...

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India’s WPI inflation rises to over 8-year high of 7.39% in March

-The Indian Express India WPI March 2021: The wholesale price index (WPI) grew 4.17 per cent during the month of February and it rose to 2.51 per cent in January, the data from the Ministry of Commerce & Industry The wholesale inflation across the country rose over an 8-year high of 7.39 per cent in March, data released by the Ministry of Commerce & Industry showed. The wholesale price index (WPI) grew 4.17...

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Dalit group, farm unions clash over Ambedkar event -Priscilla Jebaraj

-The Hindu   Move to stop Haryana CM’s unveiling of Babasaheb’s statue Tensions are brewing between some Dalit groups and protesting farm unions. The latest trigger is the Samyukt Kisan Morcha’s plans to block Haryana Chief Minister Manohar Lal Khattar’s from unveiling a statue of B.R. Ambedkar on his birth anniversary on April 14. On Monday, the All India Ambedkar Mahasabha (AIAM) said that “no one will be allowed to prevent celebration of...

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