-Press Information Bureau The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of December, 2013 declined by 1.3 percent to 179.2 (provisional) from 181.5 (provisional) for the previous month. INFLATION The annual rate of inflation, based on monthly WPI, stood at 6.16% (provisional) for the month of December, 2013 (over December, 2012) as compared to 7.52% (provisional) for the previous month and 7.31% during the corresponding month...
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World food prices stay high, but steady
-FAO 2013 third highest year on record for FAO Food Price Index Rome: The FAO Food Price Index averaged 206.7 points in December, nearly unchanged from the previous month, with a sharp increase in dairy prices and high meat values balancing out a steep decline in sugar quotations and lower cereal and oil prices. For 2013 as a whole, the index averaged 209.9 points - down 1.6 percent from 2012, and well below...
More »Counting our chickens -Neelkanth
-The Indian Express Agricultural GDP is underestimated due to inaccurate non-cereal data. It started with a mundane question: what is the chicken population in India? There are glaring inconsistencies in the available data. The National Sample Survey Organisation's (NSSO's) surveys show a 20 per cent annual growth of chicken consumption between 2005 and 2010. But according to the Food and Agriculture Organisation (FAO), the production of chicken meat only rose 10 per...
More »Price rise has hit school fees the most since 2004 -Pradeep Thakur
The Times of India NEW DELHI: The fact that inflation has been an area of concern for some years now is well known, but exactly what goods and services have seen prices rise most sharply? School fees, a CSO study shows, have seen the most dramatic spike over the tenure of the UPA, up 433% between March 2004 and March 2013. The chart topper is quite ironic given the much-talked about Right...
More »Welcoming migration
-The Business Standard A third of Indians migrate, but government ignores them A recent UNESCO report reveals how widely prevalent migration within India has become, and has once again revived the apparently endless debate on whether this trend should be curbed or encouraged. Under the United Progressive Alliance government, internal migration has been seen as a sign of distress rather than of aspiration, and thus there have been various bids to control...
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