-The Financial Express The plan to build a buffer stock of pulses, akin to such facilities for rice and wheat, has run into a hurdle after the agriculture ministry insisted that only lentils that meet the Food Safety and Standards Authority of India. The plan to build a buffer stock of pulses, akin to such facilities for rice and wheat, has run into a hurdle after the agriculture ministry insisted that only...
More »SEARCH RESULT
Well-stocked granaries may help hold rice price line, says trade body -Vikas Vasudeva
-The Hindu But an Assocham study has warned of an increase in prices Amid concern that the price of rice may be next to shoot up after those of pulses and onion, trade bodies put forth divergent views. V.S. Sethia, former president and currently a governing council member of the All-India Rice Export Association, told The Hindu that apprehensions of a sharp rise in rice price were baseless as ample stock of regular...
More »Inflation in prices of pulses sharpest in a decade: Crisil -Sayantan Bera
-Livemint.com Supply constraints due to lower output, higher demand on increasing incomes behind spike in prices, says report New Delhi: Inflation has come down sharply this year alongside a softening in food prices, but the rise in the prices of pulses—the second most important part of the Indian diet after cereals—has been the sharpest in a decade, Crisil Research said in a report on Monday. Retail and wholesale inflation were at 42%...
More »Why higher govt spending is crucial to contain rural distress
-FirstPost.com Even as the Narendra Modi government has been making claims that India’s rural economy has gained pace under his rule, empirical evidence suggests that the health of country’s rural economy may not have improved much on account of declining or stagnant income levels. The situation, experts say, is unlikely to change in the near future as there are low chances of a revival in rural income generation. A survey by brokerage...
More »Trajectory of distress: From farm to factory
-The Economic Times Blog Two apparently unrelated events — a sharp fall in factory output growth and a spike in consumer Price Inflation —point to deep problems underlying the economy. September industry growth fell to 3.6%, the lowest in four months. Meanwhile, the consumer price index (CPI) went up to 5% in October, higher than the consensus estimate of 4.8%, headed north for the third successive month. The rise in prices is driven...
More »