-The Hindu Business Line A surge in the prices of meat, fish and pulses pushed the rate of retail inflation a tad higher to nearly 3.2 per cent in June. Meanwhile, industrial production still seems to be in the slow lane, with 3 per cent growth in May. Rate cut possibility These two indicators will play a key role in the monetary policy review to be undertaken by the Monetary Policy Committee (MPC)...
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NDA trounces agrarian crisis to win rural areas -Jitendra
-Down to Earth Despite the rural hinterland being in the throes of agrarian distress, the incumbent coalition has won handsomely in these very areas The incumbent Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) has beaten all odds to win the 2019 Lok Sabha elections. Prominent among these odds was the agrarian crisis that rural India is currently in the throes of. Since 2014, the country has suffered two major droughts and 850-odd...
More »Will food inflation be a pain for next government? All depends on cloud cover -Aparna Iyer
-Livemint.com Food inflation stood at 1.38% in April after nearly 30 months of disinflation If it rains are below expectations, the steady rise in food prices would flare up, which would be a headache for the new government Mumbai: Indians had the good fortune of experiencing benign food prices for the last two years. This streak is now about to end as food inflation is back. It was 1.38% in April after nearly 30...
More »First challenge for next govt: Food inflation set to return -Parthasarathi Biswas & Harish Damodaran
-The Indian Express The past couple of months have seen prices of a host of farm commodities surge, mainly on the back of drought in large parts of western and southern India, coupled with an early and harsher-than-usual summer. New Delhi, Pune: THE BJP-LED NDA government’s tenure has been marked by benign food prices. Consumer food inflation has ruled below general retail inflation for 31 months running, from September 2016 to...
More »Farmers in western TN demand social security -T Ramakrishnan
-The Hindu Unable to sustain their primary occupation, many are said to have begun migrating to cities to work as daily-wage labourers COIMBATORE: KM Ramagoundar, president of the Tamizhaga Vivasayigal Sangam and a farmer based out of Karugur, about 25 km from Krishnagiri, is a frustrated man these days. “Even the so-called big farmers, who own five or six acres, have started going to Bengaluru, where they are working as daily-wage labourers. This...
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