Continuing with its trend towards moderation, inflation declined to 7.48 per cent in November, mainly boosted by lowering of pressure on certain food items.Inflation had stood at 8.58 per cent in October. It was 4.50 per cent in November 2009. For September this year, the inflation figure has been revised upwards to 8.93 per cent from the provisional number of 8.62 per cent.This is the fourth consecutive month when the...
More »SEARCH RESULT
Total Matching Records found : 705
Soaring vegetable prices to make undhiyu less palatable by Ankita Pathak
Planning to call over friends and relatives this Uttarayan for the undhiyu treat? Then, watch out, for, your budget may go haywire if you have not factored in the price rise.Onion prices aren't the only one making Amdavadis cry. Vegetable prices in general seem to make the Amdavadi very emotional as he watches his wallet being ripped apart.The soaring vegetable prices have sent household budgets haywire.Undhiyu, one of the popular...
More »A yawning gap by Sanjeeb Mukherjee
From the time a farmer in India harvests his produce to the time it lands on your plate, farm products go through several layers of middlemen, wholesalers, cold chains and other intermediaries, which push its price up by many notches. The end result: growers get paid less and consumers pay more. The stranglehold that the government has over agriculture produce marketing in India has given rise to abject inefficiencies, lack...
More »Asia struggles to boost food output as inflation bites by Naveen Thukral
Asian governments, battling soaring food inflation, are pumping ever more resources into agriculture but will struggle to offset rapidly expanding demand in top consumers China and India. China, stung by consumer prices running at a 25-month peak, has been selling state stockpiles. It has also ordered banks to urgently offer support to farmers, an example of the sort of firepower these governments can deploy. With China and India also in many cases...
More »Enhance pvt role in grain storage: Panel
A parliamentary committee has asked the government to consider incentivising private players to set up grain storage facilities as it prepares to implement the right to food. The government will require around 620 lakh tonnes of foodgrain annually to implement the food security law. The official procurement stood at 539.75 lakh tonnes in the recent marketing year. “(The) government should provide soft loans at affordable rates and subsidies to private players to...
More »
