-The Indian Express Instead of fiddling with procurement prices, government must devise an income policy for farmers. Speaking at the 37th foundation day celebrations of the NABARD, Arun Jaitley gave food for thought to the audience when he said, “If there is any area in the economy where we can give an example to the world and to ourselves of cooperative federalism, it is the agriculture sector. It can benefit people more...
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Politics of diet -Divya Trivedi
-Frontline.in Data from various surveys prove that India is anything but a vegetarian nation, but ever since the BJP came to power at the Centre there have been attempts to demonise meat-eating and to impose the vegetarian food habits of certain sections of Hindus on the rest of India. In parts of Gujarat, eggs are not sold openly. They are placed inside black bags, just like sanitary napkins sold in chemist’s shops....
More »Retail inflation at five-month high of 5% in June despite easing food prices
-PTI The retail inflation based on consumer Price Index (CPI) was 4.87 per cent in May. It was 1.46 per cent in June 2017. Retail inflation rose to 5 per cent in June, a five-month high despite easing food prices, government data showed on Thursday. The retail inflation based on consumer Price Index (CPI) was 4.87 per cent in May. It was 1.46 per cent in June 2017. The earlier high was in January...
More »Narendra Modi government's farm policies off target: study
-The Hindu Report says it’s consumers who benefit from them more than farmers Despite the general perception that Indian farmers are beneficiaries of major subsidies, a new report says the overall effect of policy interventions between 2014 and 2016 is, in fact, a 6% annual reduction of gross farm revenues. consumers, on the other hand, pay an average 25% less for commodities as a result of policy interventions. According to researchers at the...
More »Real rural wage growth back in negative territory
-Livemint.com Rural workers’ real wage rate growth was very high in 2014, but has fallen dramatically since then Rural wage growth for men for both agricultural and non-agricultural occupations (simple average) was 3.53% in March from a year ago. But consumer price inflation for rural India was 4.44% in March. That means the real rural wage growth, or wage growth after taking inflation into account, was negative during the month. In other...
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