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Retail inflation soars to 6.3%, a 6-month high

-The Hindu Rural areas see sharper spurt; WPI inflation races to record 12.94% spurred by rise in fuel, edible oils Retail inflation hit a six-month high of 6.3% in May, thanks to a persistent rise in fuel and edible oil prices, which also played a part in pushing wholesale prices to a record 12.94% inflation in the month, as per data released on Monday. Consumers experienced an inflation of 11.58% for the ‘fuel...

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It’s time to protect the poor and the migrants from rising edible oil prices

In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...

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Bengaluru food delivery workers protest for COVID relief package, vaccine priority

-TheNewsMinute.com The workers said that they have been working round the clock during the lockdown, but their services are unrecognised by the government. Delivery partners from across app-based delivery services like Zomato, Swiggy and Dunzo started an online protest on Saturday, May 29, to be included in the state government’s relief package for workers in the unorganised sector. They also demand that they receive the COVID-19 vaccine on priority along with their...

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Health first, fiscal prudence later -Abhishek Jain and Karthik Ganesan

-The Hindu The government can balance LPG subsidies and ensure clean fuel consumption in poorer households Subsidised LPG prices have increased by a massive 50% in this financial year alone, consistently capturing headlines. What would be the impact of this in sustaining the gains of the government’s flagship scheme, the Pradhan Mantri Ujjwala Yojana (PMUY)? Since 2016, PMUY has provided LPG connections to 8 million poor households to reduce women’s drudgery and indoor...

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Bharat Bandh on Feb 26: Commercial markets to remain shut tomorrow -Poulomi Ghosh

-Hindustan Times As a transporter body has supported the strike on the issue of fuel price hike, E-way bill rules, 40 lakh trucks will remain off the road on Friday. Traders' body The Confederation of All India Traders have called for a Bharat Bandh on Friday protesting against the rising Fuel prices, Goods and Services Tax, E-Bill etc. All India Transporters Welfare Association (AITWA) has extended support to the call for Bharat...

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