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Milk demand down, festival season offers no hope in UP’s buffalo belt -Harish Damodaran

-The Indian Express The dairy industry's problems will only intensify with animals calving and production going up in the coming months Amroha (Uttar Pradesh): India’s Grand Festival Season takes off next month, starting with Rakshabandhan (August 3), Janmashtami (August 12), Ganesh Chaturthi (August 22) and Onam (August 31), followed by the nine-day Navaratri culminating in Dussehra (October 25), Diwali (November 14) and Chhath Puja (November 20). It is also the season for...

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Centre's Economic Package Addresses Long Term Issues, Not Immediate Concerns of Farmers -Mayank Aggarwal

-TheWire.in Millions of agricultural labourers are currently under stress due to the ongoing lockdown which has led to a loss in income, loss of jobs for migrant labour and a disruption in the supply chain. Following the stress on the agricultural sector by the COVID-19 related lockdown, the central Government has announced medium to long term relief measures as part of an economic package. However, the package has fallen short on immediate...

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Retail inflation: Why your grocery bill could remain high -Surabhi

-The Hindu Business Line Onion prices may be cooling, but food inflation likely to remain high; core inflation a worry Consumers staring at rising prices are unlikely to have much reprieve. Analysts believe that retail inflation may be peaking now but caution that prices will remain high in coming months. So while onion prices have come down, your monthly grocery bill could still be on the higher side for the first half of...

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The puzzle of inflation going up despite low demand in India -Himanshu

-Livemint.com The government’s inordinately large food stockpiles have resulted in an artificial market scarcity On 7 January, the ministry of statistics released India’s advance estimates of national income for 2019-20, pegging the economy’s growth rate this financial year at 5%. Based on data available for the first two quarters, this seems an overestimate. Most indicators suggest that actual growth may be lower than 5%. This is bad news, especially since there is...

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When farmers turn to play the market -Parthasarathi Biswas

-The Indian Express Between September and December, when retail onion prices soared from around Rs 30 to Rs 100-plus per kg (they have since fallen to Rs 50 or so), Paswan has similarly urged state governments through Twitter to “act” against alleged hoarders of the bulb. On January 7, Union Consumer Affairs minister Ram Vilas Paswan took to Twitter, to issue a stern warning to “hoarders”, whom he blamed for “creating artificial...

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