-Hindustan Times Nearly half of what the average Indian earns she spends on food. And when food prices rise, the average Indian’s budget feels the strain. In November, the consumer food price index, which tracks food prices at retail sales points, was up 6.07% as compared to 5.25% in October. Even data relating to the Wholesale Price Index (WPI), which tracks prices of commodities when they are traded in bulk, show...
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Food inflation pulses up -Ravi Krishnan
-Livemint.com As the base effect wears off in some categories and unseasonal rains affect winter sowing, the prognosis for food inflation doesn’t look good Food inflation, which inched up to 6.08% in November, is the main story in Monday’s Consumer Price Index (CPI) data. Lentils were the main culprits for the rise. Inflation in pulses and pulses products rose to a high of 46.08% since the new series has been released. Inflation...
More »Will rabi bring a better harvest? -Prerana Desai
-The Hindu Business Line Yes, but it may not wholly make up for the drought-stricken kharif season Agriculture commodity supplies are erratic in India. They are more so now, due to a second consecutive year of below-normal monsoon, which has resulted in big setbacks to the kharif crop. Edelweiss Agri Research recently took up a nation-wide crop survey to estimate the sowing intentions for the upcoming rabi season. This, along with the...
More »India’s killing fields -Paranjoy Guha Thakurta
-The Asian Age It’s a huge story. And it’s not getting the kind of media attention it deserves. It’s a story about India’s farmers. It’s a story about the ongoing agrarian crisis in the country in the wake of two successive years of drought. If one looks only at the figures of growth of gross domestic product which tend to make headlines in financial publications, there’s no story for agriculture comprises...
More »Rural distress intensifies
-Business Standard Unless irrigation expands, agriculture will not be drought-proof Even as India celebrates the golden jubilee of the Green Revolution, the National Sample Survey Organisation (NSSO) has come out with data indicating that nearly 70 per cent of farmers subsist on economically unviable farm holdings of less than a hectare in size. Over one-fifth of farm households report salaried employment, and not farming, as the prime source of their income. Around...
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