-PTI/ Business Standard The All India average retail price of wheat has risen by over 22 per cent to Rs 31.04 per kg as of August 22 compared to Rs 25.41 per kg in the year-ago period, Consumer Affairs Ministry's data showed After wheat, rice prices are firming up on reports of supply concerns with the all India average retail price of the grain ruling higher by 6.31 per cent at Rs...
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Odisha floods lead to rise in prices of vegetables, supply chain disruptions -Devesh Kumar
-Livemint.com * Odisha have been reeling under flood, leading to crop damage and supply chain disruption * Vegetables prices have shot up in the markets of Bhubaneswar as several districts of Odisha Recurrent floods in several districts of Odisha have led to crop damage and supply chain disruptions which further hiked the prices of vegetables in the state. Tomatoes are sold at ₹25 per kg in downtown Bhubaneswar, a jump of around five rupees...
More »CPI inflation for farm, rural workers up in July
-The Hindu Business Line CPI-AL increases to 6.60 per cent, CPI-RL up to 6.82 in July Retail inflation for farm workers and rural workers rose further in July, driven by an increase in food prices. The All-India Consumer Price Index based inflation for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI- RL) increased to 6.60 per cent and 6.82 per cent in July, 2022 respectively. CPI- AL was at 6.43 per cent in June this...
More »Staple spikes: Has an abnormal Kharif 2022 caused rice prices to rise -Raju Sajwan
-Down to Earth The United States Department of Agriculture has said rice production in India may decline by 0.9% in 2022-23 due to uneven rains Rice prices are spiking across India, even in areas where it is the staple. This development comes even as the country has experienced an abnormal Kharif season, with uneven distribution of rainfall. The cereal that forms the staple diet of over half of India’s population has become prohibitively...
More »MSME definition to be modified, FISME calls for suggestions -Ananya Upadhyaya
-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...
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