The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic Policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

Higher food prices pose a major threat to the global economy and social stability but Policymakers must not over-regulate commodity markets, a senior World Bank official said on Thursday. Ngozi Okonjo-Iweala, managing director at the Washington-based bank, said rising food prices are squeezing the poor and contributing to social instability. "Higher food prices and volatility are one of the biggest threats to the global economic recovery and social stability. You saw...

Emily Esplen visited a community in Dhaka where inspiring community organisers are showing change is possible When I met members of the Dalit Women's Forum in Dhaka last month, they told me about the changes they want to see in their lives and communities. They want their daughters to go to school and stay in school. They want privacy and security when bathing in communal areas. They want health care and...

As Policymakers gear up for their biggest battle against inflation, worrying signs about India’s boom-boom growth story emerged. The first warning signal went up today with the government’s statistical office announcing that the index of industrial production (IIP) — the broadest measure of plant and factory performance —had grown by a piffling 2.7 per cent in November against a market consensus of 6.6 per cent. The index stood at 317.9 —its lowest...

Wholesale food inflation saw a sharp increase to 18.32 per cent for the week ended December 25, primarily due to a steep rise in onion prices. The inflation rate is a 23-week high, much above the expectations of analysts and Policymakers. Food inflation, as measured by the wholesale price index (WPI), was at 14.44 per cent for the previous week ended December 18 and at 19.9 per cent in the corresponding...