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How Well Does India Understand Inflation? -Deepanshu Mohan

-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...

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Poultry sector cries foul as US chicken legs loom large -Gayathri G & KV Kurmanath

-The Hindu Business Line India has eased entry barriers after losing WTO case to the US Chennai/ Hyderabad: As dumping of chicken legs by the US becomes imminent after India lost the case at the World Trade Organisation (WTO), the Rs. 50,000-crore domestic poultry industry proposes to approach the Centre seeking protection of its interests. “There is no level playing field. We are planning to ask the government to either ban import of...

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Pulses and cereals are key worries in inflation -Ishan Kumar Bakshi & Indivjal Dhasmana

-Business Standard The latest bout of Retail inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses The latest bout of Consumer Price Index (CPI)-based inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses, which saw a slight moderation in June. Besides, inflation in cereals has been rising modestly, but if not checked this could...

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From plate to plough: A thought for food -Ashok Gulati & Smriti Verma

-The Indian Express New FDI policy in food products is unlikely to be a game-changer by itself. Government must clear up the policy environment. n a rather bold move on June 20, the Modi government opened several key sectors such as defence, pharmaceuticals, civil aviation and food products to 100 per cent foreign direct investment (FDI). The objective behind this FDI policy is to attract higher investments, better technologies in manufacturing, commerce,...

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Fact Check: Understanding the data on flowing milk, booming agricultural output -Harish Damodaran

-The Indian Express Agriculture Ministry’s harvest estimates don’t square with drought conditions in several cases, raise serious questions of credibility. We have had two consecutive drought years, yet India’s milk production, according to the Agriculture Ministry, has risen from 137.69 million tonnes (mt) in 2013-14 to 146.31 mt in 2014-15 and 160.35 mt in 2015-16. Never before has the country’s milk output grown at these rates — that too, in the face...

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