-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...
More »SEARCH RESULT
Why pulses are on fire: India's food math explained -Subodh Varma
-The Economic Times Where does a 12 per cent decline translate as 100 per cent increase? In the bizarre world of India's food math. Production of pulses slipped down by 12 per cent in 2014-15 compared to the previous year. As a result, prices of this essential item have zoomed up by more than 100 per cent across the country. The government is scrambling to retrieve the situation, especially because an...
More »36,000 tonnes of pulses seized from hoarders, says Jaitley -Sayantan Bera and Mayank Aggarwal
-Livemint.com Cabinet reviews anti-hoarding measures taken by states, discusses ways to improve supplies and control spurt in prices New Delhi: With retail prices of pulses showing no signs of a climbdown, the Union cabinet on Wednesday reviewed anti-hoarding measures taken by states and discussed ways to improve supplies and control the spurt in prices. Later, finance minister Arun Jaitley chaired an inter-ministerial group meeting and said that at the centre’s insistence, states...
More »Karnataka’s public distribution system to go digital within three months -Nidheesh MK
-Livemint.com The state is mapping and feeding Aadhaar and biometric information of ration card holders into a server Bengaluru: Karnataka food and civil supplies minister Dinesh Gundu Rao on Wednesday said the state’s fair price shops will go digital within the next three months. The state is mapping and feeding Aadhaar and biometric information of ration card holders into a server. All transactions in the public distribution system (PDS) will have to...
More »Here’s why prices of pulses are unlikely to cool anytime soon -Sayantan Bera
-Livemint.com As long as farmers with access to irrigated land aren’t interested in growing pulses, supply and price shocks will keep haunting consumers and governments New Delhi: The centre’s efforts to contain prices of pulses during the festive season is showing few results on the ground. On Monday, retail prices of tur dal (arhar or pigeon pea) climbed to Rs.205 per kg in Mysore in Karnataka and Rs.210 per kg in Puducherry,...
More »