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Fall in FMCG sales shows a declining quality of life

-The New Indian Express High inflation is not just a research figure fueling the economic debate. It has a real, negative impact on the daily lives of the masses. High inflation is not just a research figure fueling the economic debate. It has a real, negative impact on the daily lives of the masses. In this respect, fast-moving consumer goods (FMCGs) that are bought daily have seen lower sales through June, compared...

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UN Report: Global hunger numbers rose to as many as 828 million in 2021

-Press release by FAO dated 6 July 2022 The latest State of Food Security and Nutrition report shows the world is moving backwards in efforts to eliminate hunger and malnutrition Rome/New York: The number of people affected by hunger globally rose to as many as 828 million in 2021, an increase of about 46 million since 2020 and 150 million since the outbreak of the COVID-19 pandemic (1), according to a United...

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GST on Dairy Products a ‘Death Warrant’ for Small Farmers, Say Farmers’ Organisations -Ravi Kaushal

-Newsclick.in "The recent changes in GST will not benefit primary producers or consumers who are already reeling under high inflationary pressure," said Ashok Dhawale. Coming down heavily on introducing the Good and Services Taxes (GST) on dairy products, the farmers' organisations on Saturday said that it would prove to be a “death knell” for small dairies and farmers who have been barely managing the rising input costs.  Ashok Dhawale, President, All India Kisan...

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The Return of Food Inflation: Why it’s Different this time -Samridhi Agarwal and Harish Damodaran

-Centre for Policy Research Since the start of this calendar year, annual consumer price index (CPI) inflation has ruled not only above the Reserve Bank of India’s (RBI) target of 4%, but even its upper tolerance level of 6%, for every month from January to May. If we take the 38 months from April 2019 to May 2022 – roughly coinciding with the Narendra Modi-led government’s second term (Modi 2.0) –...

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India has a dal problem – open import policy is hurting prices and farmers -Shweta Saini, Pulkit Khatri and Siraj Hussain

-ThePrint.in Pulses, except masur, are selling lower than MSP. Government must review its policy before it’s too late. Introduced as part of the Narendra Modi government’s aggressive measures last year to tame the spike in prices of pulses, it is time to review the open import policy of tur and urad. These pulses, in addition to chana and mung, have been trading below their MSP levels for a while now. With an...

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