-The Hindu  Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...

-Newsclick.in Prices of basic sources of protein like meat, eggs, pulses, and cooking oils have zoomed up, as has the cost of cooking gas. Prices of some essential food items have jumped up steadily over the past few months causing devastation of nutritional levels of families and denting already stressed budgets. Adding to this misery is the inordinate hikes in cooking gas prices which have sky-rocketed by 46% since subsidies were all...

-Livemint.com * The supply chain disruption in poultry continues, further hurting the nutritional standards of poorer households * The current steep prices of items that make up the retail food basket—be it eggs, pulses or vegetables—is evidently taking a toll on millions of Indian households NEW DELHI: Banks should not advance large loans to farmers, least of all to those in the poultry business, an exasperated Ramesh Mehla said over the phone. He...

-Livemint.com * As consumers bear the brunt of high food costs, growers see no benefit. How long will this strange dynamic last? * Many lower income consumers are also not enrolled under the federal food security scheme. An estimate suggests that over 100 million eligible Indians are excluded Ramesh Pangal calls it a season of miseries: Farmers running around with vegetables to find a buyer; leaving tomatoes to rot in the field; dumping...

-Livemint.com The government’s inordinately large food stockpiles have resulted in an artificial market scarcity On 7 January, the ministry of statistics released India’s advance estimates of national income for 2019-20, pegging the economy’s growth rate this financial year at 5%. Based on data available for the first two quarters, this seems an overestimate. Most indicators suggest that actual growth may be lower than 5%. This is bad news, especially since there is...