-Livemint.com India’s Kharif foodgrain production is estimated at 135 million tonnes in 2016-17, 9% higher than the year before New Delhi: Boosted by a normal monsoon, India’s rain-fed Kharif harvest will be the highest ever in history, show first advance estimates of crop production released by the agriculture ministry on Thursday. India’s Kharif foodgrain production is estimated at 135 million tonnes in 2016-17, 9% higher than the year before, when a crippling drought...
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Pulses send WPI racing to 2-year high
-The Hindu Business Line Hits 3.74% in August as potato, manufactured items get pricier New Delhi: Wholesale price inflation rose to a two-year high of 3.74 per cent in August pushed up by expensive pulses and potatoes as well as a sudden spike in prices of manufactured items. Wholesale price index (WPI) based inflation was 3.55 per cent in July and had contracted by 5.06 per cent in August last year. Previously, WPI inflation...
More »WPI inflation rises to 3.74% in August despite fall in food inflation -Indivjal Dhasmana
-Business Standard This was the fifth straight month of WPI inflation after continued deflation for over a year Unlike deceleration in its consumer price index (CPI) counterpart, the Wholesale price index (WPI)-based inflation rose to 3.74 per cent in August from 3.55 per cent in July. However, even then it remained lower than retail price index-based inflation at 5.05 per cent that had declined from 6.07 per cent in July. This was the...
More »From Plate to Plough: Seize the crisis -Ashok Gulati & Shweta Saini
-The Indian Express Government has the opportunity to rein in food inflation on a sustainable basis. In his Independence Day speech, Prime Minister Narendra Modi counted his government’s achievements. Bringing down inflation from double digits to below six per cent was emphatically mentioned as one that brought relief to the aam aadmi. Without doubt, we witnessed moderation in the overall consumer price index (CPI) and wholesale price index (WPI) levels in the past...
More »What is behind inter-state differences in inflation? -Tadit Kundu
-Livemint.com Considerable differences persist across states in terms of retail inflation, mostly on account of rural food price rise Mumbai: With consumer price inflation fast emerging as the focal point of monetary policymaking in India, perhaps it is time to delve into the not-so-insignificant differences in inflation across states. To begin with, inflation, both retail and wholesale, has risen in recent months. This has raised concerns about the scope of further interest...
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