-The Indian Express In Budget 2017-18, a sum of Rs 7,377 crore has been allocated to the Pradhan Mantri Krishi Sinchayee Yojana, a 42 per cent jump over the revised estimates for FY17. India is home to 17.5 per cent of the world’s population, but has only 4 per cent of the fresh water resources. Agriculture consumes some 78 per cent of the fresh water supply. With increasing urbanisation and industrialisation, India...
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How's the economy really doing? -TCA Sharad Raghavan
-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...
More »Pulses send WPI racing to 2-year high
-The Hindu Business Line Hits 3.74% in August as potato, manufactured items get pricier New Delhi: Wholesale price inflation rose to a two-year high of 3.74 per cent in August pushed up by expensive pulses and potatoes as well as a sudden spike in prices of manufactured items. Wholesale price index (WPI) based inflation was 3.55 per cent in July and had contracted by 5.06 per cent in August last year. Previously, WPI inflation...
More »WPI inflation rises to 3.74% in August despite fall in food inflation -Indivjal Dhasmana
-Business Standard This was the fifth straight month of WPI inflation after continued deflation for over a year Unlike deceleration in its consumer price index (CPI) counterpart, the Wholesale price index (WPI)-based inflation rose to 3.74 per cent in August from 3.55 per cent in July. However, even then it remained lower than retail price index-based inflation at 5.05 per cent that had declined from 6.07 per cent in July. This was the...
More »Finally, some respite from dal shock -Prerna Sharma
-The Hindu Business Line Good rain, increased acreage and hike in minimum support prices likely to cool prices The Modi government has been struggling over the last two years to contain the unprecedented rise in the prices of pulses, the second-most important food item after cereals. In the interim, prices of tur have more than doubled, and near-doubled in the case of urad and chana. WPI prices for pulses increased 35.76 per...
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