-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...
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Food Security: Subsidy to be extended, PDS to get cheap grain till fiscal end -Sandip Das
-The Financial Express With a number of states commencing rollout of the National Food Security Act, 2013, only in the last couple of months, the government has decided to extend the rate at which highly subsidised grains are currently being supplied to states for distribution through the public distribution system (PDS) till end of the current fiscal. Sources told FE that the Centre would continue to provide subsidy so as to enable...
More »Are retailers to be blamed for the spike in pulse prices? -Sayantan Bera
-Livemint.com The difference between wholesale and retail prices was as high as 52% for a variety of pulses, shows an analysis of available data New Delhi: High prices of pulse varieties have been a constant point of worry for consumers and governments over the past year. While consecutive years of deficit rain cut supplies, leading to higher imports and a spike in prices, what went unnoticed is the divergence between retail...
More »Farmers plant more area under pulses, move away from Bt cotton -Sayantan Bera
-Livemint.com The agriculture ministry says an area of 12.1 million hectares has been planted with pulses, over 11% more than the five-year average sown under the crop New Delhi: Buoyed by good rains and higher prices, farmers across India have planted a record area under different varieties of pulses, shows data released by the agriculture ministry on Friday. So far, an area of 12.1 million hectares has been planted with pulses, over...
More »Eggs to go on the boil -Aarati Krishnan
-The Hindu Business Line Price increases in inputs may raise break-even for poultry farmers and keep egg prices up There’s a hue and cry about the soaring price of pulses, the primary source of protein for Indian vegetarians. But non-vegetarians, or more precisely eggitarians, too, don’t have it easy. Prices of their key protein source have been hitting record levels in recent months, with retail egg prices in some pockets of the...
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