-TheWire.in The farmers had stormed the Mohali-Chandigarh border on Tuesday, May 17 to press their various demands, including a bonus on wheat and advancing the paddy sowing schedule from June 10. Chandigarh: As many as 23 farm unions of Punjab, all members of the Sanyukt Kisan Morcha (SKM), had stormed the Mohali-Chandigarh border on Tuesday, May 17 to press their various demands, including a bonus on wheat and advancing the paddy sowing...
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The poor are bearing the brunt of inflation -Krishna Raj
-The Tribune The prices of essential food items have increased by 50% in seven years, whereas the real wage rate has risen by 22%. These figures show that inflation has outsmarted the real income of the poor, making their lives miserable as the food basket constitutes a substantial proportion of the total expenditure on the poor. The net effect is that the poor earn less and take loans to maintain the...
More »Wheat caught in crossfire: How an export ban is affecting wheat prices -Dipu Rai
-IndiaToday.in How is the wheat export ban affecting its price in the domestic market? From war to heatwaves and floods to drought, wheat, a crucial global food, is under attack and is getting more expensive day by day. India was seen as a collateral beneficiary after the Russia-Ukraine war, but bread became more costly after a ban on its global sales. But this price change is working differently in the Indian domestic...
More »Devinder Sharma, a well-known trade and agriculture expert, interviewed by Rashme Sehgal (Newsclick.in)
-Newsclick.in Agri expert Devinder Sharma says today, as in the past, commodity trading, massive speculation and unfair terms of trade are behind rising food prices. As India battles food price inflation, Devinder Sharma, a well-known trade and agriculture expert, explains why Indian policymakers should boost farm incomes to revive the economy. “If farmers, comprising 50% of the country’s population, were to receive a higher income through a guaranteed MSP, it would create...
More »India relaxes wheat export ban -Aparna Banerjea
-BusinessToday.in Allows wheat consignment already registered with customs prior to the order. The Indian Government on Tuesday announced some relaxation to its earlier notified ban on wheat exports issued by Directorate General of Foreign Trade (DGFT), Department of Commerce. In a fresh notification, the Ministry of Commerce stated, "It has been decided that wherever wheat consignments have been handed over to Customs for examination and have been registered into their systems on or...
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