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Lessons from Rs 2 – Rs 100 Tomato pendulum

-The New Indian Express The steep fluctuation of prices in a crop whose consumption and cultivation cycles are well documented speaks volumes about the patchy intervention measures taken over the years. The retail price of tomato has hit a high of Rs 100 per kg in Tamil Nadu just a couple of months after prices dropped to as low as Rs 2 per kg. There were reports from across the state about...

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Four key climate change indicators break records in 2021: WMO

-Press release by World Meteorological Organization (WMO) dated 18 May 2022 Geneva, 18 May 2022 (WMO): Four key climate change indicators – greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification – set new records in 2021. This is yet another clear sign that human activities are causing planetary scale changes on land, in the ocean, and in the atmosphere, with harmful and long-lasting ramifications for sustainable development and...

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The poor are bearing the brunt of inflation -Krishna Raj

-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...

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North India faces an acute fodder shortage, courtesy wheat crisis, climate change -Arvind Shukla

-Down to Earth Wheat straw is being sold at Rs 1,100-1,700 per quintal; it was being sold at Rs 400-600 per quintal last year Farmers across north Indian states are facing a shortage of dry fodder due to the wheat crisis, which in turn, has been primarily Fuelled by an unusually hot March, according to farmers, agricultural scientists and experts. Many farmers chose to plant mustard instead of wheat this rabi season in...

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Retail inflation is not just about petrol, diesel -TS Ramakrishnan

-The Hindu Business Line Rather than cut Fuel prices, encouraging farmers to step up cultivation of oilseeds and raising LPG subsidy and vegetables will ease food inflation  It is true that a reduction in the prices of petro products will result in a modest fall in the prices of various commodities. However, the reduction in petro prices will happen only when both Central and State governments forgo a substantial portion of the...

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