-ThePrint.in In recent years, fuel prices have been kept static for weeks before assembly polls, only to be changed soon after. However, there's no clarity over who's deciding the prices. New Delhi: Rising oil prices have meant that the Modi government is increasingly abandoning a dynamic pricing reform it had adopted in 2017 and is now exerting more control over fuel prices. Troublingly, government data shows that fuel prices are being kept...
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Retail inflation falls to 11-month low of 5.88 per cent in November
-PTI/The Telegraph In December 2021, the retail inflation stood at 5.66 per cent Retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November as softening prices of food items brought relief but the central bank may wait for more data before pausing hikes in interest rates. As per the data released by the National Statistical Office (NSO) on Monday, the consumer...
More »Farmers, traders demand clarity on new Bill to prevent cruelty against animals
-The Hindu There should be differentiation between pet animals, draught animals, commercial animals for food, animals for performance and entertainment, and zoo animals, says head of Poultry Federation of India As the last date to submit views and opinions on the draft Prevention of Cruelty to Animals (Amendment) Bill ended on December 7, questions have been raised, particularly by poultry farmers and farmers, on the lack of clarity in defining cruelty and...
More »Expand the food safety net without any more delay -Reetika Khera
-The Hindu Expanding PDS coverage to account for the increase in population since 2011 is a no-brainer; the Government’s resistance to implementing a Supreme Court of India direction is baffling The National Food SECurity Act (NFSA), 2013, through the Public Distribution System (PDS), provides a crucial safety net for roughly 800 million people. Even critics of the PDS appreciated its services during the COVID-19 lockdown. The humanitarian crisis resulting from the COVID-19 lockdown,...
More »What is in store for India’s imports?
There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...
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