-Newsclick.in …while the government continues to remain clueless. By the end of June, wheat and flour prices were on fire with an incredible 10% inflation rate, according to the latest data available with the ministry of statistics and programme implementation (MoSPI). That means prices were 10% higher than in June last year. Just six months ago, in January, the inflation rate for wheat was 5.1%—uncomfortable but not yet lethal. This devastating rise...
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Willing to ‘feed the world’ by summer, India may have to import wheat come winter -Sayantan Bera
-ThePrint.in With wheat prices soaring, the government may have to slash import duty and impose stock limits, say traders and analysts. New Delhi: Rising wholesale and consumer prices of wheat may push India to allow imports of the staple food item in a few months’ time. If India turns importer, it will be a drastic reversal — from desiring to ‘feed the world’ in the summer to battling a shortfall by winter. Compared...
More »Poor monsoon does not always translate to High inflation
-Moneycontrol.com Here is a counterintuitive set of data, which indicates a decoupling of rains and inflation With the monsoon delayed in June and being unevenly distributed in July, everyone has been worrying about a fall in food production and resultant inflation. After all, we keep hearing that India’s agriculture is mostly rainfed. Then, the reasoning goes like this–poor rains equals poor harvest equals High inflation. But does poor rains really cause inflation? Here is a...
More »MGNREGA workers’ delegations visit the MPs of their states to share their grievances & demands on the 2nd day of dharna
-Press release by NREGA Sangharsh Morcha dated August 3, 2022 500+ NREGA workers from across 15 states gathered in Jantar Mantar for the second day of the dharna today. Workers from Haryana, Uttar Pradesh, Tamil Nadu, Jharkhand, Bihar, Chhattisgarh, Karnataka gave testimonies about the hardships they have faced owing to persistent delays in wage payments, on how they did not get work when they demanded it, and about how no compensation...
More »Backsliding on climate action -TS Tirumurti
-The Hindu Western nations have started reinterpreting the Paris deal and look to downgrade their commitments Countries in Europe led by Germany, Austria and the Netherlands are cranking up their coal plants again. Coal exports to Europe are surging. Fossil fuels are making a comeback and countries are rejecting the European Union (EU)’s plan to reduce natural gas consumption by 15%. Dutch, Polish and other European farmers are protesting against emission cuts...
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