-TheWire.in While domestic food price inflation is high globally, consumer food price inflation in India has increased from 0.68% to 8.38% between September 2021 and April 2022. Inflation has continued to peak at an all-time high in all economies around the world, with food and energy prices skyrocketing to unprecedented levels. Even industrially developed nations like the US, Canada, and the Eurozone, which experienced decades-long of stable price levels have struggles to...
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Joblessness below pre-COVID levels: Finance Ministry
-The Hindu Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says Demand for work under the national rural employment guarantee scheme hit a two-year low in August, signalling that the recovering economy is creating more jobs in rural as well as urban India, the Union Finance Ministry said on Saturday. India’s inflation, the Ministry said, is “in control” and expected to moderate...
More »Hunger pangs -Jaideep Hardikar
-The Telegraph At present, India has 195 million households with ration cards (nearly 794 million people), lower than the beneficiaries we intended to target in 2013 Inordinate delays in carrying out the census exercise are depriving millions of Indians who rely on rations for their subsistence. The exclusion of the poorest from the public distribution system in the pre and post-pandemic years was first flagged by the economists, Jean Drèze and Reetika...
More »Why volatile food prices will keep the heat on India’s consumer inflation level this year -Radhika Pandey
-ThePrint.in Lower rainfall in some parts of the country is expected to keep food prices elevated in the coming months. Which means inflation will be above 6%. India’s retail inflation surged to 7 per cent in August from a five-month low of 6.7 per cent in July. Food, which accounts for nearly half of the Consumer Price Index (CPI) basket, grew 7.62 percent as against 6.69 per cent in July. While the...
More »Report calls for rethink as 29 per cent of Chennai city may be inundated in five years
-The New Indian Express Use Chennai Corporation’s draft city climate action plan as base to frame developmental projects, say activists. CHENNAI: While the Chennai Corporation’s draft city climate action plan has been welcomed by various quarters, experts say it may be used as a base document to create a more detailed plan for the future. The report says rising sea levels could submerge 100 metres of coastal area in the next five...
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