-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...
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Higher food prices accelerate retail inflation in October
-The Economic Times consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the consumer price index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...
More »'Image problem' may have led to tweak in GST rates -Rajeev Deshpande
-The Times of India NEW DELHI: The major changes in GST rates in the 28 per cent bracket and measures to simplify filing and compliance are seen as an effort by the government to correct an "image problem" dogging the tax reform in key consumer and trader constituencies ahead of the Gujarat elections. It was felt a perception had gained ground that middle class activities like eating out and items like cosmetics...
More »Hunger and the nation: Examining food politics and policy in India -Swati Saxena
-Tehelka.com Learning from the recent starvation deaths in Jharkhand, the nation’s leaders must pay heed to the necessity of ensuring food security for all Food and hunger have been important issues this past month and the news has not been welcome. First it was India’s dismal rank in the Global Hunger Index (GHI) 2017 released by the International Policy Research Institute rankings — 100th among 119 countries. GHI looks at undernourishment, child...
More »Not possible to practice traditional farming in India anymore; here is why -Vivian Fernandes
-The Financial Express For most consumers, ‘organic’ is probably a code for ‘safe’ or ‘residue-free’, not necessarily produce grown without chemical fertilisers and pesticides. But marketers use the tag to tap into a seam of fear in some urban parents who are so anxious about health that they are willing to pay for advertising that spells ‘well-being’. A brand of ‘organic’ jaggery, for example, on the shelves of Reliance Fresh stores...
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