Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based inflation rate has been in the negative territory for the second straight month. In April it was (-) 0.92 per cent. In May, 2022 WPI inflation was at 16.63 per cent. The May, 2023 data print of (-) 3.48 per cent...
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Commodity prices have brought inflation to its lowest in months in India - Mimansa Verma
Quartz India Easing global commodity prices have begun to reflect on inflation in India, at both the wholesale and consumer levels. Wholesale price rise in April fell into negative territory for the first time since July 2020, to -0.92%, government data showed yesterday (May 15). It stood at 15.38% in the same month last year. The decline in inflation in goods sold in bulk was primarily driven by a fall in the...
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KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
More »India to produce record food grains, pulses, oilseeds - Rural Voice
Union Agriculture Minister Narendra Singh Tomar has said that as per second Advance Estimates (2022-23), production of foodgrains in the country is estimated at 3,235 lakh tonne, which is higher by 79 lakh tonne than the production of foodgrains during 2021-22. Record production of rice, maize, gram, pulses, rapeseed and mustard, oilseeds and sugarcane is estimated. Total production of sugarcane in the country during 2022-23 is estimated at record 4,688 lakh...
More »NSSO Survey: Only 39.1% of all Households have Drinking Water Within Dwelling, 46.7% of Rural Households use Firewood for Cooking
The National Sample Survey Organization's Multiple Indicator Survey - part of the 78th round - has revealed that only 39.1 percent of all Indian households have access to drinking water within the dwelling. When it come to cooking, 46.7% of rural households use firewood. These are some of the findings of the survey whose purpose was to collect data about the indicators of Sustainable Development Goals. Data was collected for households...
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