-Business Standard The current growth in the Indian cultivator's real or inflation-adjusted income, at about 3.5 per cent, is barely a third of the growth rate required to achieve this goal Earlier this month, the Central government said in a reply in Parliament that it has taken several measures to double farmers’ income by 2022 and that the progress made so far indicates that it is ‘on the right track’. However, a closer...
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After a hiatus, household consumer spending survey to resume in July -Vikas Dhoot
-The Hindu It helps arrive at estimates of poverty levels The All-India Household Consumer Expenditure Survey, usually conducted by the National Statistical Office (NSO) every five years, is set to resume this year after a prolonged break. India hasn’t had any official estimates on per capita household spending, used to arrive at estimates of poverty levels in different pARTs of the country and to review economic indicators like the Gross Domestic Product (GDP),...
More »1985 Supreme Court order on pavement dwellers could stall NDMC demolition drive -Krishnadas Rajagopal
-The Hindu Constitution bench had upheld the right to livelihood of those who ply their trade on the footpaths The North Delhi Municipal Corporation’s bulldozers’ show of strength against roadside stalls, and push cARTs in Delhi’s Jahangirpuri may face resistance from a Constitution Bench judgment of the Supreme Court which had upheld the right to livelihood of pavement dwellers who ply their trade on the footpaths out of sheer economic compulsions. Examining the...
More »Indonesia ban on palm oil exports stARTing April 28 rattles Indian markets -Sanjeeb Mukherjee
-Business Standard/ Agencies The country meets almost 45% of India's annual palm oil demand; media reports say ban put in place to check soaring domestic prices of the commodity In what could have a devastating impact on edible oil prices and supplies in India, Indonesia, which is the world’s largest producer of palm oil and meets nearly 45 per cent of the total palm oil supplied into India annually, has decided to...
More »The Hard Grind: Wheat inflation becoming hard to stomach for Indian households -SiddhARTh Upasani
-Moneycontrol.com India was supposed to be largely insulated from the war between Russia and Ukraine as far as prices of food items were concerned. However, there are signs that the conflict in Europe is adding to Indians' wheat bill. On April 18, data from the commerce ministry showed India's Wholesale Price Index (WPI) inflation unexpectedly rose to a four-month high of 14.55 percent in March. And while energy and metals led the...
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