-Down to Earth Despite the rural hinterland being in the throes of agrarian distress, the incumbent coalition has won handsomely in these very areas The incumbent Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) has beaten all odds to win the 2019 Lok Sabha elections. Prominent among these odds was the agrarian crisis that rural India is currently in the throes of. Since 2014, the country has suffered two major droughts and 850-odd...
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India's economy: broad hints of causes for worry
-The Telegraph Inflation and a poor monsoon may add to our woes in an economy already plagued with high unemployment and low demand The ministry of commerce has released the latest data on wholesale price index inflation. The data on food inflation have attracted attention as it soared to a 33-month high in April 2019. However, this rate of inflation is still moderate at 7.4 per cent. The inflation has been due...
More »WPI inflation slides to 3.07% in April on cheaper fuel, manufactured items
-The Hindu Business Line But food prices rise to 33-month high of 7.37% New Delhi: Wholesale Price Index (WPI)-based inflation for April eased to 3.07 per cent, from 3.62 per cent in the same month last year. The latest WPI print was also lower than 3.18 per cent recorded in March this year. Build up inflation for the financial year so far was 0.75 per cent, lower than 0.86 per cent in the...
More »WPI inflation spikes to 3.18% in March on costlier food, fuel
-PTI The Wholesale Price Index (WPI) based inflation was at 2.93% in February. It was 2.74% in March 2018. Wholesale price-based inflation rose for the second consecutive month to 3.18% in March on costlier food and fuel, government data released on Monday showed. The Wholesale Price Index (WPI) based inflation was at 2.93% in February. It was 2.74% in March 2018. Inflation in food articles hardened with steep rise in prices of vegetables during...
More »Swaraj is the kisan's birthright and he should have it -Harish Damodaran
-The Indian Express Agrarian crisis is an opportunity, for the government that assumes office after elections, to enact a law giving farmers the right to sell any quantity of their produce to anybody, anywhere and at any time. The German obsession with sound currency has been conditioned by the collective memory of the Great Hyperinflation of 1922-23, just as American intolerance to double-digit unemployment and stock market crashes is traceable to...
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