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Spurt in vegetable prices next month may be spoiler for inflation, warns RBI

-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...

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Veggie, fruit prices soar by up to 100% -Subodh Varma

-The Times of India NEW DELHI: Prices of most food items have been inching up relentlessly through the past year despite several so-called reforms in management of food supply chains. While staples like wheat flour and rice have become marginally costlier, prices of pulses like masoor and arhar have soared by up to 30%. Barring a few exceptions, prices of vegetables and fruits have shot up by 20 to 50%, and...

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Data Drive: Clear the food rot

-The Financial Express Only 6% farmers have gained from selling wheat and paddy directly to any procurement agency and the diversion of grains from the public distribution system is close to 47%. Against this backdrop, the Shanta Kumar panel's report on reorienting the role and restructuring of Food Corporation of India (FCI) needs to be adopted by the government at the earliest and in totality. This will indeed make for huge...

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Into the abyss? -Jitendra

-Down to Earth The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report The lot of the embattled Indian farmer only keeps on getting worse with the passage of time. In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of...

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Households expect inflation to remain at current level: RBI survey -Vishwanath Nair

-Livemint.com   This is a shift from the September 2014 survey where many respondents had expected inflation to rise over the next one year   Mumbai: According to recent surveys conducted by the Reserve Bank of India (RBI), fewer households in India expect higher inflation in the year ahead, even though expectations regarding future economic conditions, income and spending showed a decline. In the 38th round of The Inflation Expectations Survey of Households December...

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