Reuters India's wheat plantings remained steady despite a rally in PRIce of the staple to a record as farmers in a key producing central state shifted to rapeseed (mustard) to take advantage of even higher PRIces for the oilseed, farm ministry data showed on Monday. A lower-than-expected planting area in the world's second biggest wheat producer may cap an expected rise in production, after output fell last year because of a heatwave...
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Costly wheat and the cloud over our daily bread - Sayantan Bera
Wheat PRIces have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market PRIces. - Mint Official figures show that daily retail wheat flour (atta) PRIces as on 1 February were 22% higher year on year, while wholesale PRIces were 31% higher. Wheat PRIces have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports...
More »FMCG growth slows in Oct-Dec Quarter - Sharleen D'Souza
- Business Standard India’s fast-moving consumer goods (FMCG) sector grew at a slower pace of 7.6 per cent, in the October-December 2022 quarter, compared to the previous quarter as well as October-December 2021, Business Standard reported, citing data from market research firm NielsenIQ. PRIce growth has tapered and volumed remain weak. PRIce growth during the quarter was 7.9 per cent, lower than 9.9 per cent in the previous quarter. FMCG firms were...
More »Economic Survey 2022-23 Highlights inflation risks and Rupee depreciation pressure on Indian Economy
The Economic Survey 2022-23, released today, has flagged threats to the Indian economy, even as it forecasts a GDP growth rate of 6.5% for the next fiscal year. The survey has said that the challenge of the Indian rupee depreciating remains. "However, the challenge of the depreciating rupee, although better performing than most other currencies, persists with the likelihood of further increases in policy rates by the US Fed". What...
More »Budget Briefs: Samagra Shiksha got 25% more, but only 51% of allocation utilized - Mridusmita Bordoloi, Avani Kapur, Sidharth Santhosh
Accountability Initiative, Centre for Policy Research At the start of the Financial Year (FY) 2022-23, GoI allocated the highest budget for Samagra Shiksha since its inception at Rs. 37,383 crore Budget Estimates (BEs). This was 25 percent higher than the Revised Estimates (REs) for FY 2021-22. An additional Rs. 447 crore was sought through the supplementary budget in December 2022, bringing the revised allocations to Rs. 37,831 crore. The pace of GoI...
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