-The Financial Express Controlling food inflation seems to have pre-occupied the attention of the Modi government, at least for now, and it has succeeded in minimising the damage despite a poor monsoon. The Modi government had to hit the ground running as far as food and agriculture is concerned. With delayed and deficient rains in June and the spectre of El Nino, drought was looming large. Food inflation was stubbornly stuck at...
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Ashok Gulati, former chairman of the Commission for Agricultural Costs and Prices, and at present chair professor agriculture, the Indian Council for Research on International Economic Relations, speaks with Sandip Das
-The Financial Express From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level committee to recommend measures for restructuring the Food Corporation of India (FCI), the government has taken various steps for cutting down food subsidy and curbing further spike in agricultural commodity prices. From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level...
More »Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »Ram Vilas Paswan, the minister in charge of food and public distribution talks with Sanjeeb Mukherjee
-The Business Standard Interview with Union minister in charge of food and public distribution Ever since the new government took office in May, food prices and related issues have been one of the most discussed subjects. Ram Vilas Paswan, the minister in charge of food and public distribution, says hoarders are to blame. And, speaks of the various other priorities under his charge. Edited exceprts of a talk with Sanjeeb Mukherjee: * The...
More »Data in: hoarding fears hyped, price-rise problem is seasonal -Anil Sasi
-The Indian Express For tomato, however, the difference jumped from 4 per cent on July 8 to 100 per cent on August 8. A month after the central government brought onions and potatoes under the Essential Commodities Act, 1955, and empowered states to put stockholding limits on these vegetables to rein in hoarders, the difference between their wholesale and retail prices has not reduced. And in the case of other kitchen staples such...
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