-PTI The government has to walk a tightrope to balance farmers' and consumers' interest in view of the Budget announcement on MSP that could further push up inflation, industry body Assocham said today. In the Union Budget 2018-19, the government promised to fix the minimum support price (MSP) at 50 per cent higher than the cost of production. "The Budget with a huge focus on agriculture has raised expectation level in rural landscape....
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Is the government marketing millets right? -Ranjit K Sahu, Ravi Shankar Behera, Bidyut Mohanty & Sibabrata Choudhury
-Down to Earth India requires policy changes to make millets an effective tool against malnutrition Nutrient-rich millets, which have been a crucial part of human diet since ancient times, have lost their importance due to globally commercialised agronomic practices to produce more foodgrains. Though awareness has been growing among the public in the recent years about the health benefits of a millet-based diet—high fibre, low carbohydrate, protein-rich and gluten-free—gaps persist on several...
More »Forced formalisation is not healthy -C Rammanohar Reddy
-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...
More »CPI for industrial workers up at 3.97% in Nov as food items get costlier
-PTI The All-India CPI-IW for November increased by 1 point and pegged at 288 New Delhi: Retail inflation for industrial workers rose to 3.97 per cent in November 2017 mainly due to surge in prices of food items, kerosene and cooking gas. "The year-on-year inflation measured by monthly CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month (October, 2017)...
More »Retail inflation surges to 15-month high of 4.88% on food price, breaches RBI target
-The Times of India NEW DELHI: Consumer price inflation (CPI), or retail inflation as it is better known, for the month of November stood at 4.88 per cent with comparison to 3.63 per cent during the corresponding period last year. The government data revealed on Tuesday shows that the inflation rate has surged to 15-month high. The previous high was recorded at 5.05 per cent in August last year. November's inflation numbers...
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