-The Indian Express Government has the opportunity to rein in food inflation on a sustainable basis. In his Independence Day speech, Prime Minister Narendra Modi counted his government’s achievements. Bringing down inflation from double digits to below six per cent was emphatically mentioned as one that brought relief to the aam aadmi. Without doubt, we witnessed moderation in the overall consumer price index (CPI) and wholesale price index (WPI) levels in the past...
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Paradox of plenty -Neelkanth Mishra
-The Indian Express Farm incomes may not revive despite good monsoon. There are new challenges for policymakers. India’s per capita calorie demand has been falling for at least the last 30 years. Most people do a double-take when they hear that. One can’t debate the fact much: National Sample Surveys every five to seven years have documented this. What we can debate are the reasons behind this: In their 2009 paper Angus...
More »A disaster in the making -A Rangarajan
-Frontline Medecins Sans Frontieres warns that the free or regional trade agreements that are being negotiated, which seek to strengthen current patent regimes, are a potential threat to the developing world’s access to life-saving drugs, which it sources mostly from India. WHEN NELSON MANDELA’S GOVERNMENT passed the Medicines and Related Substances Control Act in 1997 to make medicines more accessible to the poor, 39 big pharmaceutical companies filed law suits in...
More »Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
More »Food inflation to cool in August with prices of crops falling steeply amid good rains -Madhvi Sally
-The Economic Times NEW DELHI: Food inflation is poised to moderate significantly when data for August is released next month as the wholesale price of pulses has eased 30% while vegetable rates have dropped as much as 50% in some markets in the past four weeks because normal monsoon rainfall has raised prospects of a bumper harvest after two years of drought. Prices of all farm commodities are likely to fall noticeably...
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