Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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Centre, RBI bid to curb inflation
-The Telegraph Food prices, which account for nearly half of the consumer price index basket, softened last month The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast retail inflation at a five-month low in July at 6.78 per cent. But it is still above the RBI’s upper threshold...
More »Trouble in the Rice Bowl of Bengal -Gurvinder Singh
-GaonConnection West Bengal is India's top paddy growing state. Bardhaman region in the state, which is known as the rice bowl of Bengal, has received minus 47% deficient rainfall leading to a drastic reduction in paddy sowing. A Gaon Connection ground report as part of its Paddy Pain series. Kalyanpur (East Bardhaman), West Bengal: Dinonath Ghosh, a farmer for more than four decades believes that this must be the worst paddy farming...
More »Lower kharif plantings due to uneven rains a growing concern, says report -Suchet Vir Singh
-ThePrint.in Area under rice and pulses lower than last year, while oilseeds acreage has marginally increased in the June-October Kharif crop season. New Delhi: The South-West monsoon has seen 6 per cent above normal or long-period average (LPA) rains in India till 5 August this year, but geographical disparities have impacted planting of Kharif crops including rice, according to a new report from the Bank of Baroda. Area planted under cereals including rice...
More »Ailing NREGA: Additional Fund Allocation Uncertain, Activists to Protest Against Poor Implementation of Scheme -Rabindra Nath Sinha
-Newsclick.in The NREGA Sangharsh Morcha has called for a protest from August 2 to 4 against insufficient fund allocation, delay in wage disbursal, and other issues in implementing the employment scheme. Kolkata: Uncertainty looms over the Centre's decision on additional fund allocation to the MGNREGA programme before undertaking the traditional mid-term review at the end of August or early September. Contrary to official expectations, the dependence of rural households on jobs under...
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