-Down to Earth All-year demand, the pressures of cultivating tomato off season and changing climate are making life difficult for Chittoor’s farmers Tomato prices across the country have shot through the roof recently. The government has intervened to lower the prices. But for farmers in Andhra Pradesh’s Chittoor district, one of India’s major tomato-growing areas, the government’s action show its bias for urban consumers and its neglect for rural farmers who are...
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Richest 20% facing more inflation than poorest 20%: Crisil
-PTI/ The Hindu The Crisil argument is based on the fact that the burden of inflation varies across different income groups, as the share of spending on food, fuel, and core categories differ across classes Extrapolating the retail inflation print for October, which inched up on-month to 4.5% from 4.3% in September, but steeply declined from 7.6% on-year, Crisil says the richest 20% of the population, who pay more on non-food or...
More »India's retail inflation rate rises marginally to 4.48% in October
-MoneyControl.com The CPI-based inflation in September 2021 was at 4.35 percent and in October 2020 it was 7.61 percent. India’s retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.48 percent in the month of October 2021, data released by the Ministry of Statistics and Programme Implementation (MoSPI) revealed on November 12. There was a marginal increase in retail inflation in October due to an uptick in food...
More »Modi govt slashes excise duties on petrol by Rs 5, and diesel by Rs 10 -R. Suryamurthy
-The Telegraph The cut was announced a day after the declaration of by-election results in 29 Assembly seats and 3 Lok Sabha seats, wherein BJP suffered setback in some states The Narendra Modi government has finally buckled under pressure from consumers, voters and the Opposition and slashed excise duties on petrol by Rs 5 a litre and on diesel by Rs 10 a litre. From Thursday in Calcutta, the price of petrol will...
More »Poor quality pulses being sold under PDS in Kangra district -Ravinder Sood
-The Tribune Grains sold at fair price shops unfit for eating: Consumers Palampur: In the absence of any checks, ‘substandard’ foodgrain, especially pulses, are being sold at fair price shops in Kangra district. The pulses have high moisture content and are not fit for human consumption. The state government supplies subsidised foodgrain to consumers through over 4,500 outlets, including fair price shops. Sources say that the commodities being supplied at the fair price...
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