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Retail inflation to come down with easing of lockdowns: CEA

-PTI/ The Hindu “Overall, the difference between wholesale and retail inflation is primarily due to supply-side factors which should decrease and therefore going forward even the retail inflation should ease,” Mr. Subramanian said. Attributing the rise in inflation to supply-side frictions, Chief Economic Adviser K V Subramanian has exuded confidence that retail inflation will come down in the days ahead with the easing of lockdowns. According to the government data, retail inflation rose...

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Soaring Pulses: Is the Spike in Retail price of Moong in 2020 a Cause for Concern? -Aditya KS, Girish K. Jha and Praveen KV

-TheWire.in An increase in prices of pulses affects consumption and has ramifications for food and nutritional security. In April 2020, the Retail prices of Moong and Urad increased by 25% and 11% compared to their five-year monthly average prices. Also, the Retail prices of Moong in 2020 have consistently remained 25% more than the monthly five-year average prices for the period of March to July. An increase in prices of pulses affects consumption and...

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Some Key Questions That Need to Be Answered About the Three Agriculture Ordinances -Nikhit Kumar Agrawal

-TheWire.in The text of the ordinances raises some questions about their stated objective to ‘free up’ curbs on trade and help farmers get a remunerative price for their crop. Recently, the Bharatiya Janata Party-led Central government introduced three ordinances to bring in far-reaching agricultural ‘reforms’ in the country. Taken together, these ordinances intend to liberalise the regulatory system in the agriculture sector, provide freedom to farmers and traders to trade in farm...

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Freeing up the farmer: Govt to ease curbs on trade, open up markets -Harish Damodaran

-The Indian Express Third tranche of COVID-19 economic package: Not only can farmers sell to anyone and anywhere, but traders and processors, too, will be able to freely buy, stock and move any quantity of agri-produce within the country. Barely seven months after imposing limits on the maximum quantity of onion any wholesaler or retailer could keep, the Narendra Modi government on Friday announced what may turn out to be a defining...

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Coronavirus: Centre wants retailers to bypass mandis, buy produce straight from farmers -Joe C Mathew

-BusinessToday.in The big buyers should be allowed to make direct purchases with minimum or without requirement of any licensing or registration process, Centre's letter said to the states Union Agriculture ministry has asked state governments to allow bulk buyers, processors and big retailers to purchase agri-produce directly from farmers by bypassing the established mandi systems for at least three months. The directive is meant to achieve two objectives - to decongest mandis...

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