-The Business Standard Unlike consumer prices, wholesale inflation provides little comfort If the consumer price index (CPI) numbers for May, released last week, provided some comfort about softening inflation, the wholesale price index (WPI) numbers for the same month, released on Monday, did just the opposite. Headline inflation went up from 5.2 per cent year on year in April to six per cent in May, the highest, by a whisker, since December....
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Agriculture And Not The Stock Market Is The Reality Of India -Roshan Kishore
-The Citizen.in This piece is a rejoinder to an article by D K Joshi, which appeared in ‘The Indian Express' on June 4, 2014. The main arguments made by the author are neither new nor unique. Many neoliberal economists, including some occupying crucial policy-making positions have been making arguments which propose dilution of Minimum Support Price (MSP) policies to take care of excess food stocks with the government and also control...
More »The Spectre of Food Crisis in India
-The Navhind Times THAT climate will remain in a state of flux is a given. The fallout of global warming will be periodic extreme heat and drought, as was experienced by the United States and some other food-exporting countries in 2012, sending food prices close to record levels. At the same time, many countries, including China and India will experience heavy rains and floods from time to time, damaging food production. Even...
More »Centre braces for sub-normal rains -Vishwa Mohan & Rajeev Deshpande
-The Times of India NEW DELHI: The Narendra Modi government officially acknowledged that it is gearing for its first big test with the Met downgrading its monsoon forecast from 95% to a likely 93% of the long period average rainfall. "The government is alert about the possibility of a subnormal monsoon this year and contingency plans are being prepared," President Pranab Mukherjee said in his address to Parliament on Monday. The official word...
More »Sowing Revolution -Milind Wani
-Himal South Asian Agroecology as an alternative to India's failed agrarian system. Last September, inflation, as indicated by the wholesale price index, rose to a seven-month high of 6.46 percent. Food inflation was at 18.4 percent, and was led by skyrocketing onion prices, which increased by a whopping 323 percent. While the Union Minister for Agriculture, Sharad Pawar, ascribed the phenomenon to nothing more than a seasonal shortage, practices such as...
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