-The Indian Express Return of food inflation may not allow RBI to further slash interest rates but opens up room for delayed reform Retail food inflation crossing 10 per cent, the first time in nearly six years, isn’t good news for an economy already mired in a deep slowdown. The suddenness of the increase (from under 3 per cent in August to 10 per cent-plus in November) and the fact that the...
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Wholesale inflation tames to 0.58 per cent
-The Hindu Business Line Consumers bore brunt of more expensive onion, potato and vegetables Wholesale inflation fell to 0.58 per cent in November 2019, down from 4.47 per cent in November 2018. Sequentially, wholesale inflation reported an increase, rising from 0.16 per cent in October 2019, according to a statement by the Ministry of Commerce and Industry. Please click here to read more. ...
More »Onion crisis reveals how little the Government can do when the chips are down -Siraj Hussain
-TheWire.in Even if we had enough buffer stock, which we don't, the Centre has no delivery mechanism. The only viable alternative is to create modern storage infrastructure, but who is interested in doing that? It appears that it is the humble onion which is finally teaching urban India’s middle class of the perils of climate change. The deniers may still not want to believe it, but the current crisis of high onion...
More »Onion shortage: Here's why farmers gained little from record price rise -Dilip Kumar Jha
-Business Standard Farmers across the country have suffered a double whammy this year - first, their crop from last season was spoilt by floods, and then onion yield also dropped due to moisture in fields Lasalgaon: Raghunath Sawant, an onion farmer from Niphad taluka in Maharashtra’s Nashik district, is a worried man. And, he is not alone. Despite onion prices hitting Rs 130 a kg in the wholesale market, Sawant has not...
More »Mother Dairy, Amul hike milk prices across various states
-PTI The new prices will be effective from December 15 India’s leading dairy firm Amul on Saturday announced hiking milk prices by Rs.2 per litre across various States, while Mother Dairy increased rates by up to Rs.3 per litre in Delhi-NCR due to rise in procurement cost. The new prices will be effective from Sunday, Mother Dairy and Amul said in separate statements. Please click here to read more. ...
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