-PTI WPI-based inflation in September had been the highest since April's 3.85% New Delhi: Inflation at the wholesale level rose to six-month high of 3.59 per cent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September. In October last year, it was 1.27 per cent. Last month's inflation was the highest since April, when it...
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Centre levies 50 per cent import duty on peas; domestic prices likely to get a boost -Jitendra
-Down to Earth The development will directly benefit chickpea farmers, who are likely to get higher price for chickpea crops this season There is some good news this Rabi season for farmers who grow chickpea (also known as gram, chana). The Central government has imposed 50 per cent duty on the import of peas, in a bid to check cheaper import from Canada. The import of cheap peas directly affects chickpea farmers, as...
More »Hunger and the nation: Examining food politics and policy in India -Swati Saxena
-Tehelka.com Learning from the recent starvation deaths in Jharkhand, the nation’s leaders must pay heed to the necessity of ensuring food security for all Food and hunger have been important issues this past month and the news has not been welcome. First it was India’s dismal rank in the Global Hunger Index (GHI) 2017 released by the International Policy Research Institute rankings — 100th among 119 countries. GHI looks at undernourishment, child...
More »Not possible to practice traditional farming in India anymore; here is why -Vivian Fernandes
-The Financial Express For most consumers, ‘organic’ is probably a code for ‘safe’ or ‘residue-free’, not necessarily produce grown without chemical fertilisers and pesticides. But marketers use the tag to tap into a seam of fear in some urban parents who are so anxious about health that they are willing to pay for advertising that spells ‘well-being’. A brand of ‘organic’ jaggery, for example, on the shelves of Reliance Fresh stores...
More »Rural incomes: Why farm prices are now more prone to falling than to rising -Harish Damodaran
-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...
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