-The Indian Express Return of food inflation may not allow RBI to further slash interest rates but opens up room for delayed reform Retail food inflation crossing 10 per cent, the first time in nearly six years, isn’t good news for an economy already mired in a deep slowdown. The suddenness of the increase (from under 3 per cent in August to 10 per cent-plus in November) and the fact that the...
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Onion shortage: Here's why farmers gained little from record price rise -Dilip Kumar Jha
-Business Standard Farmers across the country have suffered a double whammy this year - first, their crop from last season was spoilt by floods, and then onion yield also dropped due to moisture in fields Lasalgaon: Raghunath Sawant, an onion farmer from Niphad taluka in Maharashtra’s Nashik district, is a worried man. And, he is not alone. Despite onion prices hitting Rs 130 a kg in the wholesale market, Sawant has not...
More »Mother Dairy, Amul hike milk prices across various states
-PTI The new prices will be effective from December 15 India’s leading dairy firm Amul on Saturday announced hiking milk prices by Rs.2 per litre across various States, while Mother Dairy increased rates by up to Rs.3 per litre in Delhi-NCR due to rise in procurement cost. The new prices will be effective from Sunday, Mother Dairy and Amul said in separate statements. Please click here to read more. ...
More »Redesign fiscal policy to fire up infrastructure growth -Ejaz Ghani
-Livemint.com India’s manufacturing sector is moving out of costly and congested cities to rural areas in order to stay competitive. But poor infrastructure is hampering its growth The global economic downturn has raised concerns about the effectiveness of conventional economic policies, which were designed for stabilization, and not for reviving growth in developing countries. Rural distress, spatial disparities, the gender divide and climate change, all combined with the threat of low and...
More »As price rises to Rs 200 a kg, onion goes missing from Bengaluru homes and restaurants
-IANS In November, Karnataka markets received 60-70 quintals of onion a day, which fell by 50 per cent in December, leading to the crisis. Bengaluru: Price of onion shot up to a whopping Rs 200 per kg in Bengaluru due to severe short supply in the market, an official said here on Saturday. "Onion price touched Rs 200 per kg in some retail shops of Bengaluru, after its wholesale rate ranged between...
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