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Food lifts WPI inflation to 23-month high

-The Hindu The acceleration will leave the RBI less space to cut rates Wholesale price inflation accelerated to a 23-month high of 3.6 per cent in July, driven mainly by higher food prices, according to official data.The pace of price gains as measured by the wholesale price index more than doubled in July from 1.62 per cent in June, leaving the Reserve Bank of India even less elbow room to cut benchmark...

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Eggs to go on the boil -Aarati Krishnan

-The Hindu Business Line Price increases in inputs may raise break-even for poultry farmers and keep egg prices up There’s a hue and cry about the soaring price of pulses, the primary source of protein for Indian vegetarians. But non-vegetarians, or more precisely eggitarians, too, don’t have it easy. Prices of their key protein source have been hitting record levels in recent months, with retail egg prices in some pockets of the...

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Heavy rains bring down prices of pulses -Jayashree Bhosale

-The Economic Times PUNE: Sowing reports from across India's pulses growing regions have indicated a bumper area under the crop tipping domestic and international prices that have corrected over the last 15 days setting a downward trend in prices. A July 26th forecast by National Australia Bank predicted a fall in chick peas and lentils from their peak of $1,200/tonne to $700/tonne by September 2017. The report, however, noted that prices of pulses...

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From plate to plough: The arhar challenge - Ashok Gulati & Smriti Verma

-The Indian Express The incentive structure, currently skewed in favour of rice and wheat, needs to become crop-neutral High prices of pulses are upsetting the food budget of many poor families. Soaring retail prices of dals — urad at Rs. 170/kg, tur/arhar at Rs160/kg, gram/chickpea at Rs 127/kg, moong at Rs 111/kg and masoor at Rs 100/kg — have made dal a luxury for the dal-bhaat and dal-roti eating population. But not...

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Govt readies mega pulses plan to rein in inflation, boost supply -Zia Haq

-Hindustan Times New Delhi: The government is readying a new policy framework to rein in the inflationary impact and stabilise the supply of pulses, a widely consumed but scarce food item with economy-wide implications. Three ministries – agriculture, food and finance – and the state-run policy think-tank Niti Aayog are coordinating efforts to frame the new measures that will see the government step in as one of the key importers of pulses. “The...

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