-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...
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Why vegetable prices are killing you-Subodh Varma
-The Times of India Tomato prices have gone through the roof. This essential part of food in most households is selling at over Rs 60 per kilogram, in some places even up to Rs 80. In February this year, onion prices had similarly spiked for a few weeks, forcing families to shell out double-triple prices. So, what's going on? Is it a demand-supply problem, as claimed by traders and administrators? Or...
More »Food bill not to hurt coffers
-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...
More »Food price rise pushes demand for pre-cooked, ready-to-eat food items-Mahesh Kulkarni
-The Business Standard Fear of bad monsoon has suddenly hiked vegetable and fruit prices by about 300% from the farm to your dining table Bangalore: Steep rise in prices of fruits and vegetables has resulted in over 55% of middle and low-income group families opting for pre-cooked and ready-to-eat food items to keep the kitchen budget intact, according to a survey. "The fear of bad monsoon has suddenly hiked the vegetables...
More »Veggies costlier, reason unclear -Akriti Gupta & Satabhisa Bhaumik
-The Times of India NEW DELHI: After two weeks, the floods have hit home. Vegetable prices, which were expected to rise due to crop and road damage, have soared in the past few days. Tomatoes are Rs 90/kg in north Delhi; capsicum is at Rs 110/kg in east Delhi. Even potatoes are retailing above Rs 20/kg across the city. While hawkers blame the bad weather, in the wholesale hub of Azadpur...
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